Onyx Acquisition Co. I Class A Ordinary Shares
ONYX
ONYX was delisted on the 1st of November, 2024.
21 hedge funds and large institutions have $45.6M invested in Onyx Acquisition Co. I Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 10 reducing their positions, and 47 closing their positions.
66% less funds holding
Funds holding: 61 → 21 (-40)
82% less capital invested
Capital invested by funds: $248M → $45.6M (-$203M)
85% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 47
90% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$15.7M |
| 2 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
+$10.5M |
| 3 |
HPC
Highland Peak Capital
Old Greenwich,
Connecticut
|
+$1.16M |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$1.05M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$34M |
| 2 |
SCM
Saba Capital Management
New York
|
-$22.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$16.6M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$15.4M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10M |
ONYX Hedge Fund Activity: Q1 2023 in Review
21 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Onyx Acquisition Co. I Class A Ordinary Shares (ONYX) for Q1 2023, worth a combined $45.6M — down 82% from $248M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of ONYX and 7 opened new positions — a net loss of 40 holders — while 10 trimmed existing stakes and 1 added.
The largest buyer was VR Advisory Services, opening a new position worth an estimated $15.7M. The largest seller was Glazer Capital LLC, cutting an estimated $34M.
- 21 institutional investors held Onyx Acquisition Co. I Class A Ordinary Shares (ONYX) as of Q1 2023, down from 61 in Q4 2022.
- Funds reported $45.6M of Onyx Acquisition Co. I Class A Ordinary Shares stock for Q1 2023, down 82% quarter-over-quarter.
- 7 funds opened new Onyx Acquisition Co. I Class A Ordinary Shares positions in Q1 2023 and 47 closed out, a net change of -40 holders.
- The largest Onyx Acquisition Co. I Class A Ordinary Shares buyer in Q1 2023 was VR Advisory Services, an estimated $15.7M added.
- The largest Onyx Acquisition Co. I Class A Ordinary Shares seller in Q1 2023 was Glazer Capital LLC, an estimated $34M sold.
Based on aggregated 13F filings for Q1 2023.