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.
3 hedge funds and large institutions have $142K invested in Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 5 closing their positions.
57% less funds holding
Funds holding: 7 → 3 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
95% less capital invested
Capital invested by funds: $2.66M → $142K (-$2.52M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.63M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$416K |
| 3 |
Walleye Capital
New York
|
-$326K |
| 4 |
VF
Virtu Financial
New York
|
-$133K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$13K |
PORT.U Hedge Fund Activity: Q2 2023 in Review
3 of the 6,383 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 Q2 2023, worth a combined $142K — down 95% from $2.66M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PORT.U and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $3.68K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.63M sold.
- 3 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 Q2 2023, down from 7 in Q1 2023.
- Funds reported $142K of Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant stock for Q2 2023, down 95% quarter-over-quarter.
- 1 fund opened new Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant positions in Q2 2023 and 5 closed out, a net change of -4 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 Q2 2023 was UBS Group, an estimated $3.68K 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 Q2 2023 was Rivernorth Capital Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q2 2023.