Kernel Group Holdings, Inc. Units
KRNLU
KRNLU was delisted on the 5th of August, 2024.
5 hedge funds and large institutions have $1.4M invested in Kernel Group Holdings, Inc. Units in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 16 closing their positions.
74% less funds holding
Funds holding: 19 → 5 (-14)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 16
92% less capital invested
Capital invested by funds: $16.9M → $1.4M (-$15.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$289K |
| 2 |
VF
Virtu Financial
New York
|
+$105K |
| 3 |
CS
Clear Street
New York
|
+$57K |
| 4 |
JP Morgan Chase
New York
|
+$30K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$5.44M |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$3.73M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.26M |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$871K |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$840K |
KRNLU Hedge Fund Activity: Q1 2023 in Review
5 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Kernel Group Holdings, Inc. Units (KRNLU) for Q1 2023, worth a combined $1.4M — down 92% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of KRNLU and 2 opened new positions — a net loss of 14 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $289K. The largest seller was Bracebridge Capital LLC, exiting entirely with an estimated $5.44M sold.
- 5 institutional investors held Kernel Group Holdings, Inc. Units (KRNLU) as of Q1 2023, down from 19 in Q4 2022.
- Funds reported $1.4M of Kernel Group Holdings, Inc. Units stock for Q1 2023, down 92% quarter-over-quarter.
- 2 funds opened new Kernel Group Holdings, Inc. Units positions in Q1 2023 and 16 closed out, a net change of -14 holders.
- The largest Kernel Group Holdings, Inc. Units buyer in Q1 2023 was Cubist Systematic Strategies, an estimated $289K added.
- The largest Kernel Group Holdings, Inc. Units seller in Q1 2023 was Bracebridge Capital LLC, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2023.