Iris Acquisition Corp Units
IRAAU
IRAAU was delisted on the 3rd of September, 2024.
34 hedge funds and large institutions have $121M invested in Iris Acquisition Corp Units in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 26 closing their positions.
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
38% less funds holding
Funds holding: 55 → 34 (-21)
47% less capital invested
Capital invested by funds: $230M → $121M (-$109M)
81% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$8.33M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.14M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$2.74M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.71M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Marcho Partners
London,
United Kingdom
|
-$24.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15.1M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$11.9M |
| 4 |
AWG
Alpha Wave Global
New York
|
-$10.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$7.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
51
LMR Partners
London,
United Kingdom
| – | -$1.2M | -119,845 | Closed |
|
|
SCM
52
Saba Capital Management
New York
| – | -$1.09M | -108,344 | Closed |
|
|
CC
53
Centiva Capital
New York
| – | -$961K | -95,600 | Closed |
|
|
WRBC
54
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$494K | -49,124 | Closed |
|
|
DCM
55
Dupont Capital Management
Wilmington,
Delaware
| – | -$251K | -25,000 | Closed |
|
|
OAC
56
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$251K | -25,000 | Closed |
|
|
VF
57
Virtu Financial
New York
| – | -$108K | -10,794 | Closed |
|
|
EAM
58
Exos Asset Management
New York
| – | -$100K | -10,000 | Closed |
|
59
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$25K | -2,452 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$50 | -5 | -11% |
|
IRAAU Hedge Fund Activity: Q2 2021 in Review
34 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Iris Acquisition Corp Units (IRAAU) for Q2 2021, worth a combined $121M — down 47% from $230M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of IRAAU and 5 opened new positions — a net loss of 21 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Glazer Capital LLC, adding an estimated $8.33M. The largest seller was Marcho Partners, exiting entirely with an estimated $24.1M sold.
- 34 institutional investors held Iris Acquisition Corp Units (IRAAU) as of Q2 2021, down from 55 in Q1 2021.
- Funds reported $121M of Iris Acquisition Corp Units stock for Q2 2021, down 47% quarter-over-quarter.
- 5 funds opened new Iris Acquisition Corp Units positions in Q2 2021 and 26 closed out, a net change of -21 holders.
- The largest Iris Acquisition Corp Units buyer in Q2 2021 was Glazer Capital LLC, an estimated $8.33M added.
- The largest Iris Acquisition Corp Units seller in Q2 2021 was Marcho Partners, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2021.