Investcorp India Acquisition Corp
IVCA
IVCA was delisted on the 7th of May, 2025.
33 hedge funds and large institutions have $101M invested in Investcorp India Acquisition Corp in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 24 closing their positions.
31% less funds holding
Funds holding: 48 → 33 (-15)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less capital invested
Capital invested by funds: $259M → $101M (-$157M)
63% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 24
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$6.61M |
| 2 |
CC
Centiva Capital
New York
|
+$5.91M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.27M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$4.18M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.7M |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$14.4M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
-$10.2M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$9.28M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.42M |
IVCA Hedge Fund Activity: Q3 2023 in Review
33 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Investcorp India Acquisition Corp (IVCA) for Q3 2023, worth a combined $101M — down 61% from $259M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of IVCA and 9 opened new positions — a net loss of 15 holders — while 16 trimmed existing stakes and 5 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $6.61M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $21.7M sold.
- 33 institutional investors held Investcorp India Acquisition Corp (IVCA) as of Q3 2023, down from 48 in Q2 2023.
- Funds reported $101M of Investcorp India Acquisition Corp stock for Q3 2023, down 61% quarter-over-quarter.
- 9 funds opened new Investcorp India Acquisition Corp positions in Q3 2023 and 24 closed out, a net change of -15 holders.
- The largest Investcorp India Acquisition Corp buyer in Q3 2023 was Meteora Capital, an estimated $6.61M added.
- The largest Investcorp India Acquisition Corp seller in Q3 2023 was Adage Capital Partners, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2023.