OceanTech Acquisitions I Corp. Class A Common Stock
OTEC
OTEC was delisted on the 23rd of January, 2024.
7 hedge funds and large institutions have $7.5M invested in OceanTech Acquisitions I Corp. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
50% less funds holding
Funds holding: 14 → 7 (-7)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
76% less capital invested
Capital invested by funds: $30.9M → $7.5M (-$23.4M)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $922K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$412K |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$108K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Arena Investors
Purchase,
New York
|
-$13M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$3.22M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$1.6M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$1.44M |
| 5 |
GCWM
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
|
-$1.38M |
OTEC Hedge Fund Activity: Q2 2023 in Review
7 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in OceanTech Acquisitions I Corp. Class A Common Stock (OTEC) for Q2 2023, worth a combined $7.5M — down 76% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of OTEC and 2 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $412K. The largest seller was Arena Investors, exiting entirely with an estimated $13M sold.
- 7 institutional investors held OceanTech Acquisitions I Corp. Class A Common Stock (OTEC) as of Q2 2023, down from 14 in Q1 2023.
- Funds reported $7.5M of OceanTech Acquisitions I Corp. Class A Common Stock stock for Q2 2023, down 76% quarter-over-quarter.
- 2 funds opened new OceanTech Acquisitions I Corp. Class A Common Stock positions in Q2 2023 and 9 closed out, a net change of -7 holders.
- The largest OceanTech Acquisitions I Corp. Class A Common Stock buyer in Q2 2023 was Clear Street, an estimated $412K added.
- The largest OceanTech Acquisitions I Corp. Class A Common Stock seller in Q2 2023 was Arena Investors, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2023.