Investcorp India Acquisition Corp
IVCA
IVCA was delisted on the 7th of May, 2025.
25 hedge funds and large institutions have $100M invested in Investcorp India Acquisition Corp in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 10 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
1% less capital invested
Capital invested by funds: $101M → $100M (-$1.2M)
24% less funds holding
Funds holding: 33 → 25 (-8)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$15.9M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.18M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.14M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.49M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$6.85M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$2.44M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$2.16M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.64M |
| 5 |
CAC
Cowen and Company
New York
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCA
26
Castle Creek Arbitrage
Avon,
Colorado
| – | -$8.11M | -750,000 | Closed |
|
|
FTCM
27
Fir Tree Capital Management
New York
| – | -$6.85M | -632,508 | Closed |
|
|
SFM
28
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$2.44M | -225,000 | Closed |
|
|
SRCM
29
Sage Rock Capital Management
New York
| – | -$2.16M | -199,744 | Closed |
|
|
CAC
30
Cowen and Company
New York
| – | -$1.34M | -123,686 | Closed |
|
|
SC
31
Sculptor Capital
New York
| – | -$541K | -50,000 | Closed |
|
32
State Street
Boston,
Massachusetts
| – | -$216K | -19,900 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$110K | -10,195 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$10.7K | -993 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$1.09K | -101 | Closed |
|
IVCA Hedge Fund Activity: Q4 2023 in Review
25 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Investcorp India Acquisition Corp (IVCA) for Q4 2023, worth a combined $100M — down 1.2% from $101M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IVCA and 3 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $15.9M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $6.85M sold.
- 25 institutional investors held Investcorp India Acquisition Corp (IVCA) as of Q4 2023, down from 33 in Q3 2023.
- Funds reported $100M of Investcorp India Acquisition Corp stock for Q4 2023, down 1.2% quarter-over-quarter.
- 3 funds opened new Investcorp India Acquisition Corp positions in Q4 2023 and 10 closed out, a net change of -7 holders.
- The largest Investcorp India Acquisition Corp buyer in Q4 2023 was First Trust Capital Management, an estimated $15.9M added.
- The largest Investcorp India Acquisition Corp seller in Q4 2023 was Fir Tree Capital Management, an estimated $6.85M sold.
Based on aggregated 13F filings for Q4 2023.