IB Acquisition Corp
IBAC
12 hedge funds and large institutions have $12.3M invested in IB Acquisition Corp in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 21 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
45.12% less ownership
Funds ownership: 52.59% → 7.47% (-45%)
61% less funds holding
Funds holding: 31 → 12 (-19)
86% less capital invested
Capital invested by funds: $87.4M → $12.3M (-$75.1M)
90% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$418K |
| 2 |
HF
HRT Financial
New York
|
+$408K |
| 3 |
AA
ABC Arbitrage
Paris,
France
|
+$209K |
| 4 |
VF
Virtu Financial
New York
|
+$184K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$20.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$27.2M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$5.26M |
| 3 |
D.E. Shaw & Co
New York
|
-$4.77M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.73M |
| 5 |
CA
Crossingbridge Advisors
Pleasantville,
New York
|
-$4.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
26
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.06M | -100,000 | Closed |
|
|
QL
27
Quarry LP
New York
| – | -$1.05M | -100,000 | Closed |
|
|
TCM
28
Tenor Capital Management
New York
| – | -$1.05M | -100,000 | Closed |
|
|
SIA
29
SkyView Investment Advisors
Shrewsbury,
New Jersey
| – | -$794K | -75,000 | Closed |
|
|
DWM
30
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$494K | -46,950 | Closed |
|
|
WFA
31
Wellspring Financial Advisors
Cleveland,
Ohio
| – | -$327K | -31,100 | Closed |
|
|
PCM
32
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| – | -$230K | -21,900 | Closed |
|
33
Osaic Holdings
Scottsdale,
Arizona
| – | -$3.17K | -300 | Closed |
|
IBAC Hedge Fund Activity: Q4 2025 in Review
12 of the 8,239 institutional investors tracked by Wall St. Rank reported a position in IB Acquisition Corp (IBAC) for Q4 2025, worth a combined $12.3M — down 86% from $87.4M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IBAC and 2 opened new positions — a net loss of 19 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, adding an estimated $418K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $27.2M sold.
- 12 institutional investors held IB Acquisition Corp (IBAC) as of Q4 2025, down from 31 in Q3 2025.
- Funds reported $12.3M of IB Acquisition Corp stock for Q4 2025, down 86% quarter-over-quarter.
- 2 funds opened new IB Acquisition Corp positions in Q4 2025 and 21 closed out, a net change of -19 holders.
- The largest IB Acquisition Corp buyer in Q4 2025 was Wolverine Asset Management, an estimated $418K added.
- The largest IB Acquisition Corp seller in Q4 2025 was Karpus Investment Management, an estimated $27.2M sold.
Based on aggregated 13F filings for Q4 2025.