Southport Acquisition Corporation
PORT
PORT was delisted on the 21st of March, 2024.
57 hedge funds and large institutions have $224M invested in Southport Acquisition Corporation in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
9% more capital invested
Capital invested by funds: $205M → $224M (+$18.5M)
6% more funds holding
Funds holding: 54 → 57 (+3)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$8.45M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$8.23M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$4.19M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$3.91M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$7.22M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$6.28M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.14M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.72M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
51
Tidal Investments
Milwaukee,
Wisconsin
| $275K | – | – | – |
|
|
RCM
52
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $275K | – | – | – |
|
|
CM
53
Crestline Management
Fort Worth,
Texas
| $186K | -$450K | -43,721 | -71% |
|
|
VF
54
Virtu Financial
New York
| $159K | +$157K | +15,298 | New |
|
|
EC
55
Elequin Capital
New York
| $62.4K | – | – | – |
|
56
UBS Group
Zurich,
Switzerland
| $23.1K | +$19.3K | +1,871 | +535% |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $156 | – | – | – |
|
|
MP
58
Mangrove Partners
Greenwich,
Connecticut
| – | -$4.14M | -406,789 | Closed |
|
|
SC
59
Sculptor Capital
New York
| – | -$2.72M | -267,124 | Closed |
|
|
GCM
60
Ghisallo Capital Management
Boston,
Massachusetts
| – | -$1.02M | -99,999 | Closed |
|
PORT Hedge Fund Activity: Q1 2023 in Review
57 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Southport Acquisition Corporation (PORT) for Q1 2023, worth a combined $224M — up 9% from $205M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PORT positions and 3 closed out — a net gain of 4 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Periscope Capital, adding an estimated $8.45M. The largest seller was Cubist Systematic Strategies, cutting an estimated $7.22M.
- 57 institutional investors held Southport Acquisition Corporation (PORT) as of Q1 2023, up from 54 in Q4 2022.
- Funds reported $224M of Southport Acquisition Corporation stock for Q1 2023, up 9% quarter-over-quarter.
- 7 funds opened new Southport Acquisition Corporation positions in Q1 2023 and 3 closed out, a net change of +4 holders.
- The largest Southport Acquisition Corporation buyer in Q1 2023 was Periscope Capital, an estimated $8.45M added.
- The largest Southport Acquisition Corporation seller in Q1 2023 was Cubist Systematic Strategies, an estimated $7.22M sold.
Based on aggregated 13F filings for Q1 2023.