SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
SEDA.U
SEDA.U was delisted on the 30th of October, 2024.
10 hedge funds and large institutions have $28.2M invested in SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% less capital invested
Capital invested by funds: $29.1M → $28.2M (-$945K)
9% less funds holding
Funds holding: 11 → 10 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$137K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.36K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.22M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$177K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$111K |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$16.3K |
| 5 |
CS
Clear Street
New York
|
-$10.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
1
Sandia Investment Management
Boston,
Massachusetts
| $18M | -$16.3K | -1,600 | -0.1% |
|
|
BCL
2
Bracebridge Capital LLC
Boston,
Massachusetts
| $4.3M | – | – | – |
|
|
BFM
3
Boothbay Fund Management
New York
| $4.17M | – | – | – |
|
|
GAM
4
Gritstone Asset Management
Bethesda,
Maryland
| $1.07M | – | – | – |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| $326K | – | – | – |
|
|
VF
6
Virtu Financial
New York
| $136K | +$137K | +13,395 | New |
|
|
HF
7
HRT Financial
New York
| $114K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $5.32K | +$5.36K | +525 | New |
|
|
CS
9
Clear Street
New York
| $3.04K | -$10.7K | -1,050 | -78% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $3K | +$2.04K | +200 | +200% |
|
|
CCA
11
Castle Creek Arbitrage
Avon,
Colorado
| – | -$1.22M | -121,296 | Closed |
|
|
GF
12
Gabelli Funds
Rye,
New York
| – | -$177K | -17,500 | Closed |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$111K | -11,029 | Closed |
|
SEDA.U Hedge Fund Activity: Q1 2023 in Review
10 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (SEDA.U) for Q1 2023, worth a combined $28.2M — down 3.2% from $29.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SEDA.U and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $137K. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $1.22M sold.
- 10 institutional investors held SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (SEDA.U) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $28.2M of SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2023, down 3.2% quarter-over-quarter.
- 2 funds opened new SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q1 2023 was Virtu Financial, an estimated $137K added.
- The largest SDCL EDGE Acquisition Corporation Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q1 2023 was Castle Creek Arbitrage, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2023.