IB Acquisition Corp
IBAC
40 hedge funds and large institutions have $111M invested in IB Acquisition Corp in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
12% more capital invested
Capital invested by funds: $99.8M → $111M (+$11.6M)
7.16% more ownership
Funds ownership: 63.58% → 70.74% (+7.2%)
5% more funds holding
Funds holding: 38 → 40 (+2)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$19.8M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$5M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.97M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.08M |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$682K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$4.52M |
| 2 |
EAM
Exos Asset Management
New York
|
-$3.19M |
| 3 |
CAC
Cowen and Company
New York
|
-$2.72M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.99M |
| 5 |
JP Morgan Chase
New York
|
-$1.82M |
IBAC Hedge Fund Activity: Q3 2024 in Review
40 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in IB Acquisition Corp (IBAC) for Q3 2024, worth a combined $111M — up 12% from $99.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IBAC positions and 6 closed out — a net gain of 3 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $19.8M. The largest seller was Meteora Capital, exiting entirely with an estimated $4.52M sold.
- 40 institutional investors held IB Acquisition Corp (IBAC) as of Q3 2024, up from 38 in Q2 2024.
- Funds reported $111M of IB Acquisition Corp stock for Q3 2024, up 12% quarter-over-quarter.
- 9 funds opened new IB Acquisition Corp positions in Q3 2024 and 6 closed out, a net change of +3 holders.
- The largest IB Acquisition Corp buyer in Q3 2024 was Karpus Investment Management, an estimated $19.8M added.
- The largest IB Acquisition Corp seller in Q3 2024 was Meteora Capital, an estimated $4.52M sold.
Based on aggregated 13F filings for Q3 2024.