Global Technology Acquisition Corp. I Class A Ordinary Shares
GTAC
GTAC was delisted on the 17th of October, 2024.
52 hedge funds and large institutions have $171M invested in Global Technology Acquisition Corp. I Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 11 closing their positions.
3% more capital invested
Capital invested by funds: $167M → $171M (+$4.22M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 53 → 52 (-1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$10.2M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$9.09M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.1M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.93M |
| 5 |
QL
Quarry LP
New York
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$8.84M |
| 2 |
Millennium Management
New York
|
-$8.03M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$6.14M |
| 4 |
6CM
683 Capital Management
New York
|
-$5.19M |
| 5 |
SCM
Saba Capital Management
New York
|
-$5.19M |
GTAC Hedge Fund Activity: Q1 2023 in Review
52 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Global Technology Acquisition Corp. I Class A Ordinary Shares (GTAC) for Q1 2023, worth a combined $171M — up 2.5% from $167M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GTAC and 10 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $10.2M. The largest seller was Marshall Wace, exiting entirely with an estimated $8.84M sold.
- 52 institutional investors held Global Technology Acquisition Corp. I Class A Ordinary Shares (GTAC) as of Q1 2023, down from 53 in Q4 2022.
- Funds reported $171M of Global Technology Acquisition Corp. I Class A Ordinary Shares stock for Q1 2023, up 2.5% quarter-over-quarter.
- 10 funds opened new Global Technology Acquisition Corp. I Class A Ordinary Shares positions in Q1 2023 and 11 closed out, a net change of -1 holder.
- The largest Global Technology Acquisition Corp. I Class A Ordinary Shares buyer in Q1 2023 was Westchester Capital Management (New York), an estimated $10.2M added.
- The largest Global Technology Acquisition Corp. I Class A Ordinary Shares seller in Q1 2023 was Marshall Wace, an estimated $8.84M sold.
Based on aggregated 13F filings for Q1 2023.