ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
ESM.U
ESM.U was delisted on the 9th of March, 2023.
26 hedge funds and large institutions have $22.8M invested in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
21% less funds holding
Funds holding: 33 → 26 (-7)
44% less capital invested
Capital invested by funds: $40.5M → $22.8M (-$17.7M)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$382K |
| 2 |
Jane Street
New York
|
+$45.3K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$24.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.93K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$4.82K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$8.37M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.96M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$3.93M |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$809K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$708K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Calamos Advisors
Naperville,
Illinois
| – | -$3.93M | -400,000 | Closed |
|
|
SIM
27
Sandia Investment Management
Boston,
Massachusetts
| – | -$809K | -82,373 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$240K | -24,427 | Closed |
|
|
ICM
29
III Capital Management
Boca Raton,
Florida
| – | -$184K | -18,740 | Closed |
|
|
BFM
30
Boothbay Fund Management
New York
| – | -$162K | -16,473 | Closed |
|
|
CS
31
Clear Street
New York
| – | -$1K | -95 | Closed |
|
ESM.U Hedge Fund Activity: Q3 2022 in Review
26 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (ESM.U) for Q3 2022, worth a combined $22.8M — down 44% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ESM.U and 1 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $382K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $8.37M sold.
- 26 institutional investors held ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (ESM.U) as of Q3 2022, down from 33 in Q2 2022.
- Funds reported $22.8M of ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q3 2022, down 44% quarter-over-quarter.
- 1 fund opened new ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q3 2022 and 8 closed out, a net change of -7 holders.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q3 2022 was Spartan Fund Management, an estimated $382K added.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q3 2022 was Shaolin Capital Management, an estimated $8.37M sold.
Based on aggregated 13F filings for Q3 2022.