KnightSwan Acquisition Corporation
KNSW
KNSW was delisted on the 5th of December, 2023.
24 hedge funds and large institutions have $49M invested in KnightSwan Acquisition Corporation in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 45 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
61% less funds holding
Funds holding: 61 → 24 (-37)
79% less capital invested
Capital invested by funds: $230M → $49M (-$181M)
82% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 45
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.18M |
| 2 |
CAC
Cowen and Company
New York
|
+$2.66M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.09M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$1.99M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$17.9M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$15.7M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$10.6M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$10.3M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.47M |
KNSW Hedge Fund Activity: Q3 2023 in Review
24 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in KnightSwan Acquisition Corporation (KNSW) for Q3 2023, worth a combined $49M — down 79% from $230M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of KNSW and 8 opened new positions — a net loss of 37 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $4.18M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $17.9M sold.
- 24 institutional investors held KnightSwan Acquisition Corporation (KNSW) as of Q3 2023, down from 61 in Q2 2023.
- Funds reported $49M of KnightSwan Acquisition Corporation stock for Q3 2023, down 79% quarter-over-quarter.
- 8 funds opened new KnightSwan Acquisition Corporation positions in Q3 2023 and 45 closed out, a net change of -37 holders.
- The largest KnightSwan Acquisition Corporation buyer in Q3 2023 was Castle Creek Arbitrage, an estimated $4.18M added.
- The largest KnightSwan Acquisition Corporation seller in Q3 2023 was First Trust Capital Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2023.