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 6 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $209M → $224M (+$14.7M)
4% more funds holding
Funds holding: 55 → 57 (+2)
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,
|
+$3.91M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.96M |
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 |
PORT Hedge Fund Activity: Q1 2023 in Review
57 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Southport Acquisition Corporation (PORT) for Q1 2023, worth a combined $224M — up 7% from $209M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PORT positions and 3 closed out — a net gain of 3 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 55 in Q4 2022.
- Funds reported $224M of Southport Acquisition Corporation stock for Q1 2023, up 7% quarter-over-quarter.
- 6 funds opened new Southport Acquisition Corporation positions in Q1 2023 and 3 closed out, a net change of +3 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.