Kernel Group Holdings, Inc. Class A Ordinary Shares
KRNL
KRNL was delisted on the 5th of August, 2024.
8 hedge funds and large institutions have $3.35M invested in Kernel Group Holdings, Inc. Class A Ordinary Shares in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 21 closing their positions.
71% less funds holding
Funds holding: 28 → 8 (-20)
95% less capital invested
Capital invested by funds: $66.4M → $3.35M (-$63M)
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$5.75M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$5.7M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.43M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.06M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$4.93M |
KRNL Hedge Fund Activity: Q1 2024 in Review
8 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Kernel Group Holdings, Inc. Class A Ordinary Shares (KRNL) for Q1 2024, worth a combined $3.35M — down 95% from $66.4M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of KRNL and 1 opened new positions — a net loss of 20 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $268K. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $5.75M sold.
- 8 institutional investors held Kernel Group Holdings, Inc. Class A Ordinary Shares (KRNL) as of Q1 2024, down from 28 in Q4 2023.
- Funds reported $3.35M of Kernel Group Holdings, Inc. Class A Ordinary Shares stock for Q1 2024, down 95% quarter-over-quarter.
- 1 fund opened new Kernel Group Holdings, Inc. Class A Ordinary Shares positions in Q1 2024 and 21 closed out, a net change of -20 holders.
- The largest Kernel Group Holdings, Inc. Class A Ordinary Shares buyer in Q1 2024 was Virtu Financial, an estimated $268K added.
- The largest Kernel Group Holdings, Inc. Class A Ordinary Shares seller in Q1 2024 was Mizuho Securities USA, an estimated $5.75M sold.
Based on aggregated 13F filings for Q1 2024.