Spree Acquisition Corp. 1 Limited
SHAP
SHAP was delisted on the 20th of February, 2024.
18 hedge funds and large institutions have $29.7M invested in Spree Acquisition Corp. 1 Limited in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
14% less funds holding
Funds holding: 21 → 18 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
31% less capital invested
Capital invested by funds: $42.9M → $29.7M (-$13.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$4.16M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.78M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.72M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.39M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
-$4.38M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$3.89M |
| 3 |
SCM
Saba Capital Management
New York
|
-$3.56M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.45M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$3.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KL
26
KIM LLC
Wichita,
Kansas
| – | -$2.17M | -200,000 | Closed |
|
|
CAC
27
Cowen and Company
New York
| – | -$2.11M | -192,900 | Closed |
|
|
GCL
28
Glazer Capital LLC
New York
| – | -$1.74M | -160,712 | Closed |
|
|
PC
29
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.36M | -125,000 | Closed |
|
|
SFM
30
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$352K | -32,385 | Closed |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$269K | -24,764 | Closed |
|
SHAP Hedge Fund Activity: Q4 2023 in Review
18 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Spree Acquisition Corp. 1 Limited (SHAP) for Q4 2023, worth a combined $29.7M — down 31% from $42.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SHAP and 10 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $4.16M. The largest seller was Centiva Capital, exiting entirely with an estimated $4.38M sold.
- 18 institutional investors held Spree Acquisition Corp. 1 Limited (SHAP) as of Q4 2023, down from 21 in Q3 2023.
- Funds reported $29.7M of Spree Acquisition Corp. 1 Limited stock for Q4 2023, down 31% quarter-over-quarter.
- 10 funds opened new Spree Acquisition Corp. 1 Limited positions in Q4 2023 and 13 closed out, a net change of -3 holders.
- The largest Spree Acquisition Corp. 1 Limited buyer in Q4 2023 was First Trust Capital Management, an estimated $4.16M added.
- The largest Spree Acquisition Corp. 1 Limited seller in Q4 2023 was Centiva Capital, an estimated $4.38M sold.
Based on aggregated 13F filings for Q4 2023.