Mars Acquisition Corp. Ordinary Shares
MARX
MARX was delisted on the 2nd of January, 2025.
12 hedge funds and large institutions have $19.7M invested in Mars Acquisition Corp. Ordinary Shares in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 33 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
71% less funds holding
Funds holding: 41 → 12 (-29)
71% less capital invested
Capital invested by funds: $67.7M → $19.7M (-$47.9M)
88% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.59M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.15M |
| 3 |
Walleye Capital
New York
|
+$1.37M |
| 4 |
Walleye Trading
New York
|
+$768K |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.3M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.85M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$4.25M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.77M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$3.24M |
MARX Hedge Fund Activity: Q1 2024 in Review
12 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Mars Acquisition Corp. Ordinary Shares (MARX) for Q1 2024, worth a combined $19.7M — down 71% from $67.7M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MARX and 4 opened new positions — a net loss of 29 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.59M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $5.3M sold.
- 12 institutional investors held Mars Acquisition Corp. Ordinary Shares (MARX) as of Q1 2024, down from 41 in Q4 2023.
- Funds reported $19.7M of Mars Acquisition Corp. Ordinary Shares stock for Q1 2024, down 71% quarter-over-quarter.
- 4 funds opened new Mars Acquisition Corp. Ordinary Shares positions in Q1 2024 and 33 closed out, a net change of -29 holders.
- The largest Mars Acquisition Corp. Ordinary Shares buyer in Q1 2024 was Rivernorth Capital Management, an estimated $2.59M added.
- The largest Mars Acquisition Corp. Ordinary Shares seller in Q1 2024 was Karpus Investment Management, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2024.