Onyx Acquisition Co. I Class A Ordinary Shares
ONYX
ONYX was delisted on the 1st of November, 2024.
16 hedge funds and large institutions have $20.9M invested in Onyx Acquisition Co. I Class A Ordinary Shares in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 8 reducing their positions, and 5 closing their positions.
7.35% more ownership
Funds ownership: 14.96% → 22.31% (+7.3%)
11% less funds holding
Funds holding: 18 → 16 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less capital invested
Capital invested by funds: $42.8M → $20.9M (-$21.9M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.63M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$124K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$944 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$16.2M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$1.89M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$1.51M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.08M |
| 5 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$1.01M |
ONYX Hedge Fund Activity: Q3 2023 in Review
16 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Onyx Acquisition Co. I Class A Ordinary Shares (ONYX) for Q3 2023, worth a combined $20.9M — down 51% from $42.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ONYX and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 0 added.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $1.63M. The largest seller was VR Advisory Services, exiting entirely with an estimated $16.2M sold.
- 16 institutional investors held Onyx Acquisition Co. I Class A Ordinary Shares (ONYX) as of Q3 2023, down from 18 in Q2 2023.
- Funds reported $20.9M of Onyx Acquisition Co. I Class A Ordinary Shares stock for Q3 2023, down 51% quarter-over-quarter.
- 3 funds opened new Onyx Acquisition Co. I Class A Ordinary Shares positions in Q3 2023 and 5 closed out, a net change of -2 holders.
- The largest Onyx Acquisition Co. I Class A Ordinary Shares buyer in Q3 2023 was Shaolin Capital Management, an estimated $1.63M added.
- The largest Onyx Acquisition Co. I Class A Ordinary Shares seller in Q3 2023 was VR Advisory Services, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2023.