Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50

GLTA.WS

GLTA.WS Hedge Fund Activity: Q3 2022 in Review

27 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 (GLTA.WS) for Q3 2022, worth a combined $1.01M — down 53% from $2.16M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of GLTA.WS and 4 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.

The largest buyer was Periscope Capital, adding an estimated $28K. The largest seller was Mangrove Partners, exiting entirely with an estimated $1.98M sold.

• 27 institutional investors held Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 (GLTA.WS) as of Q3 2022, down from 28 in Q2 2022.
• Funds reported $1.01M of Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 stock for Q3 2022, down 53% quarter-over-quarter.
• 4 funds opened new Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 positions in Q3 2022 and 5 closed out, a net change of -1 holder.
• The largest Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 buyer in Q3 2022 was Periscope Capital, an estimated $28K added.
• The largest Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 seller in Q3 2022 was Mangrove Partners, an estimated $1.98M sold.

Based on aggregated 13F filings for Q3 2022.