Kensington Capital Acquisition Corp. V
KCGI
KCGI was delisted on the 13th of August, 2024.
21 hedge funds and large institutions have $42.3M invested in Kensington Capital Acquisition Corp. V in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 52 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
68% less funds holding
Funds holding: 65 → 21 (-44)
85% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 52
85% less capital invested
Capital invested by funds: $275M → $42.3M (-$233M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.23M |
| 2 |
CC
Centiva Capital
New York
|
+$3.56M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.44M |
| 4 |
ETH
Exos TFP Holdings
New York
|
+$3.31M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$25.6M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$17.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.3M |
| 4 |
DC
Dryden Capital
Miami,
Florida
|
-$12.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$11.8M |
KCGI Hedge Fund Activity: Q3 2023 in Review
21 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Kensington Capital Acquisition Corp. V (KCGI) for Q3 2023, worth a combined $42.3M — down 85% from $275M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of KCGI and 8 opened new positions — a net loss of 44 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $4.23M. The largest seller was First Trust Capital Management, cutting an estimated $25.6M.
- 21 institutional investors held Kensington Capital Acquisition Corp. V (KCGI) as of Q3 2023, down from 65 in Q2 2023.
- Funds reported $42.3M of Kensington Capital Acquisition Corp. V stock for Q3 2023, down 85% quarter-over-quarter.
- 8 funds opened new Kensington Capital Acquisition Corp. V positions in Q3 2023 and 52 closed out, a net change of -44 holders.
- The largest Kensington Capital Acquisition Corp. V buyer in Q3 2023 was Castle Creek Arbitrage, an estimated $4.23M added.
- The largest Kensington Capital Acquisition Corp. V seller in Q3 2023 was First Trust Capital Management, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2023.