Generation Asia I Acquisition Limited Class A Ordinary Shares
GAQ was delisted on the 4th of November, 2024.
17 hedge funds and large institutions have $26.6M invested in Generation Asia I Acquisition Limited Class A Ordinary Shares in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 20 closing their positions.
47% less funds holding
Funds holding: 32 → 17 (-15)
69% less capital invested
Capital invested by funds: $84.6M → $26.6M (-$58.1M)
75% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 20
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.12M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$502K |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$440K |
| 4 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$335K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$8.44M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$6.75M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.97M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.68M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
26
Aristeia Capital
Greenwich,
Connecticut
| – | -$2.2M | -200,000 | Closed |
|
|
KPF
27
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$2.2M | -200,000 | Closed |
|
28
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.74M | -157,940 | Closed |
|
|
KL
29
KIM LLC
Wichita,
Kansas
| – | -$1.65M | -150,000 | Closed |
|
|
AC
30
Athos Capital
Hong Kong
| – | -$944K | -85,682 | Closed |
|
|
BCM
31
BCK Capital Management
Stamford,
Connecticut
| – | -$818K | -74,268 | Closed |
|
|
WC
32
Wealthspring Capital
West Harrison,
New York
| – | -$633K | -57,400 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$405K | -36,778 | Closed |
|
|
SIA
34
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$381K | -34,564 | Closed |
|
|
SFM
35
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$221K | -20,000 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$134K | -12,178 | Closed |
|
37
Bank of America
Charlotte,
North Carolina
| – | -$287 | -26 | Closed |
|
GAQ Hedge Fund Activity: Q2 2024 in Review
17 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Generation Asia I Acquisition Limited Class A Ordinary Shares (GAQ) for Q2 2024, worth a combined $26.6M — down 69% from $84.6M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GAQ and 5 opened new positions — a net loss of 15 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Logan Stone Capital, opening a new position worth an estimated $1.12M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $8.44M sold.
- 17 institutional investors held Generation Asia I Acquisition Limited Class A Ordinary Shares (GAQ) as of Q2 2024, down from 32 in Q1 2024.
- Funds reported $26.6M of Generation Asia I Acquisition Limited Class A Ordinary Shares stock for Q2 2024, down 69% quarter-over-quarter.
- 5 funds opened new Generation Asia I Acquisition Limited Class A Ordinary Shares positions in Q2 2024 and 20 closed out, a net change of -15 holders.
- The largest Generation Asia I Acquisition Limited Class A Ordinary Shares buyer in Q2 2024 was Logan Stone Capital, an estimated $1.12M added.
- The largest Generation Asia I Acquisition Limited Class A Ordinary Shares seller in Q2 2024 was First Trust Capital Management, an estimated $8.44M sold.
Based on aggregated 13F filings for Q2 2024.