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.
33 hedge funds and large institutions have $42M invested in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
6% less funds holding
Funds holding: 35 → 33 (-2)
14% less capital invested
Capital invested by funds: $48.9M → $42M (-$6.86M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$658K |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$581K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$3.21M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.97M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$826K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$500K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$239K |
ESM.U Hedge Fund Activity: Q2 2022 in Review
33 of the 5,959 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 Q2 2022, worth a combined $42M — down 14% from $48.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ESM.U and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Schechter Investment Advisors, adding an estimated $658K. The largest seller was Parallax Volatility Advisers, exiting entirely with an estimated $3.21M sold.
- 33 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 Q2 2022, down from 35 in Q1 2022.
- Funds reported $42M of ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q2 2022, down 14% 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 Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q2 2022 was Schechter Investment Advisors, an estimated $658K added.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q2 2022 was Parallax Volatility Advisers, an estimated $3.21M sold.
Based on aggregated 13F filings for Q2 2022.