Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant
PORT.U
PORT.U was delisted on the 13th of March, 2024.
26 hedge funds and large institutions have $65.2M invested in Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 36 closing their positions.
54% less funds holding
Funds holding: 57 → 26 (-31)
69% less capital invested
Capital invested by funds: $212M → $65.2M (-$147M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
86% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 36
Top Buyers
| 1 |
CF
Cantor Fitzgerald
New York
|
+$4.06M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$150K |
| 3 |
State Street
Boston,
Massachusetts
|
+$132K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$30.1K |
| 5 |
CS
Clear Street
New York
|
+$9.02K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
51
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.01M | -101,116 | Closed |
|
52
Citigroup
New York
| – | -$1M | -100,000 | Closed |
|
|
CL
53
CSS LLC
Chicago,
Illinois
| – | -$1M | -100,000 | Closed |
|
|
LA
54
Linden Advisors
New York
| – | -$999K | -100,000 | Closed |
|
|
LCM
55
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$1M | -100,000 | Closed |
|
|
PI
56
PEAK6 Investments
Chicago,
Illinois
| – | -$1M | -100,000 | Closed |
|
|
GCL
57
Glazer Capital LLC
New York
| – | -$946K | -94,633 | Closed |
|
|
TI
58
Telemetry Investments
New York
| – | -$801K | -80,100 | Closed |
|
|
CCM
59
Context Capital Management
Lajolla,
California
| – | -$500K | -50,000 | Closed |
|
|
OAC
60
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$396K | -39,599 | Closed |
|
|
AA
61
Ancora Advisors
Cleveland,
Ohio
| – | -$13K | -1,335 | Closed |
|
|
BCM
62
Basso Capital Management
Stamford,
Connecticut
| – | -$1K | -100 | Closed |
|
PORT.U Hedge Fund Activity: Q1 2022 in Review
26 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant (PORT.U) for Q1 2022, worth a combined $65.2M — down 69% from $212M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PORT.U and 5 opened new positions — a net loss of 31 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $4.06M. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $12.5M sold.
- 26 institutional investors held Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant (PORT.U) as of Q1 2022, down from 57 in Q4 2021.
- Funds reported $65.2M of Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant stock for Q1 2022, down 69% quarter-over-quarter.
- 5 funds opened new Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant positions in Q1 2022 and 36 closed out, a net change of -31 holders.
- The largest Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant buyer in Q1 2022 was Cantor Fitzgerald, an estimated $4.06M added.
- The largest Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant seller in Q1 2022 was Apollo Management Holdings, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2022.