Malacca Straits Acquisition Company Limited Class A Ordinary Shares
MLAC
MLAC was delisted on the 15th of June, 2023.
25 hedge funds and large institutions have $44.3M invested in Malacca Straits Acquisition Company Limited Class A Ordinary Shares in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 28 closing their positions.
48% less funds holding
Funds holding: 48 → 25 (-23)
64% less capital invested
Capital invested by funds: $122M → $44.3M (-$77.4M)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
82% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 28
Top Buyers
| 1 |
D.E. Shaw & Co
New York
|
+$3.4M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$362K |
| 3 |
ASM
ATW SPAC Management
New York
|
+$336K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$336K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$315K |
Top Sellers
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.7M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$9.1M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$7.47M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.41M |
| 5 |
Millennium Management
New York
|
-$5.85M |
MLAC Hedge Fund Activity: Q1 2022 in Review
25 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Malacca Straits Acquisition Company Limited Class A Ordinary Shares (MLAC) for Q1 2022, worth a combined $44.3M — down 64% from $122M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MLAC and 5 opened new positions — a net loss of 23 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $3.4M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $10.7M sold.
- 25 institutional investors held Malacca Straits Acquisition Company Limited Class A Ordinary Shares (MLAC) as of Q1 2022, down from 48 in Q4 2021.
- Funds reported $44.3M of Malacca Straits Acquisition Company Limited Class A Ordinary Shares stock for Q1 2022, down 64% quarter-over-quarter.
- 5 funds opened new Malacca Straits Acquisition Company Limited Class A Ordinary Shares positions in Q1 2022 and 28 closed out, a net change of -23 holders.
- The largest Malacca Straits Acquisition Company Limited Class A Ordinary Shares buyer in Q1 2022 was D.E. Shaw & Co, an estimated $3.4M added.
- The largest Malacca Straits Acquisition Company Limited Class A Ordinary Shares seller in Q1 2022 was Karpus Investment Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2022.