Kernel Group Holdings, Inc. Class A Ordinary Shares
KRNL
KRNL was delisted on the 5th of August, 2024.
28 hedge funds and large institutions have $65.4M invested in Kernel Group Holdings, Inc. Class A Ordinary Shares in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 30 → 28 (-2)
19% less capital invested
Capital invested by funds: $80.6M → $65.4M (-$15.2M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$5.58M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.03M |
| 3 |
CAC
Cowen and Company
New York
|
+$3.49M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.15M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$7.62M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$7.11M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$4.99M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$3.63M |
| 5 |
SC
Sculptor Capital
New York
|
-$3.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Geode Capital Management
Boston,
Massachusetts
| $171K | -$57.2K | -5,449 | -25% |
|
27
UBS Group
Zurich,
Switzerland
| $1.18K | +$1.17K | +111 | New |
|
|
CS
28
Clear Street
New York
| $191 | -$46.9K | -4,463 | -100% |
|
|
OCAM
29
Owl Creek Asset Management
New York
| – | -$7.11M | -677,500 | Closed |
|
|
CCA
30
Castle Creek Arbitrage
Avon,
Colorado
| – | -$4.99M | -476,104 | Closed |
|
|
SC
31
Sculptor Capital
New York
| – | -$3.15M | -300,000 | Closed |
|
|
PCM
32
Prelude Capital Management
New York
| – | -$2.78M | -265,000 | Closed |
|
|
CSS
33
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$2.37M | -225,827 | Closed |
|
|
TCSAM
34
Tyrus Capital S.A.M.
Monaco
| – | -$944K | -90,000 | Closed |
|
|
HF
35
HRT Financial
New York
| – | -$810K | -77,197 | Closed |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$187K | -17,843 | Closed |
|
|
XT
37
XTX Topco
George Town,
Cayman Islands
| – | -$138K | -13,155 | Closed |
|
KRNL Hedge Fund Activity: Q3 2023 in Review
28 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Kernel Group Holdings, Inc. Class A Ordinary Shares (KRNL) for Q3 2023, worth a combined $65.4M — down 19% from $80.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KRNL and 7 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $5.58M. The largest seller was Glazer Capital LLC, cutting an estimated $7.62M.
- 28 institutional investors held Kernel Group Holdings, Inc. Class A Ordinary Shares (KRNL) as of Q3 2023, down from 30 in Q2 2023.
- Funds reported $65.4M of Kernel Group Holdings, Inc. Class A Ordinary Shares stock for Q3 2023, down 19% quarter-over-quarter.
- 7 funds opened new Kernel Group Holdings, Inc. Class A Ordinary Shares positions in Q3 2023 and 9 closed out, a net change of -2 holders.
- The largest Kernel Group Holdings, Inc. Class A Ordinary Shares buyer in Q3 2023 was First Trust Capital Management, an estimated $5.58M added.
- The largest Kernel Group Holdings, Inc. Class A Ordinary Shares seller in Q3 2023 was Glazer Capital LLC, an estimated $7.62M sold.
Based on aggregated 13F filings for Q3 2023.