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: Q2 2023 in Review

21 of the 6,369 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 Q2 2023, worth a combined $133K — down 86% from $920K a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of GLTA.WS and 2 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 1 added.

The largest buyer was HRT Financial, opening a new position worth an estimated $1.41K. The largest seller was Segantii Capital Management, exiting entirely with an estimated $649K sold.

• 21 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 Q2 2023, down from 27 in Q1 2023.
• Funds reported $133K of Galata Acquisition Corp. Warrants, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 stock for Q2 2023, down 86% quarter-over-quarter.
• 2 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 Q2 2023 and 8 closed out, a net change of -6 holders.
• 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 Q2 2023 was HRT Financial, an estimated $1.41K 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 Q2 2023 was Segantii Capital Management, an estimated $649K sold.

Based on aggregated 13F filings for Q2 2023.