Spree Acquisition Corp. 1 Limited
SHAP
SHAP was delisted on the 20th of February, 2024.
21 hedge funds and large institutions have $42.2M invested in Spree Acquisition Corp. 1 Limited in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
57% less funds holding
Funds holding: 49 → 21 (-28)
78% less capital invested
Capital invested by funds: $194M → $42.2M (-$152M)
82% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
+$4.21M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$3.81M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.14M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$1.28M |
| 5 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$913K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$17.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$16.3M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$12.9M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.4M |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Warberg Asset Management
Winnetka,
Illinois
| – | -$245K | -23,494 | Closed |
|
|
DFCM
52
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$214K | -20,485 | Closed |
|
|
EFI
53
EHP Funds Inc
Toronto,
Canada
| – | -$195K | -18,225 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$6.25K | -600 | Closed |
|
|
SAM
55
Silverback Asset Management
Chapel Hill,
North Carolina
| – | +$132K | +12,500 | New |
|
SHAP Hedge Fund Activity: Q2 2023 in Review
21 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Spree Acquisition Corp. 1 Limited (SHAP) for Q2 2023, worth a combined $42.2M — down 78% from $194M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of SHAP and 6 opened new positions — a net loss of 28 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Centiva Capital, opening a new position worth an estimated $4.21M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $17.8M sold.
- 21 institutional investors held Spree Acquisition Corp. 1 Limited (SHAP) as of Q2 2023, down from 49 in Q1 2023.
- Funds reported $42.2M of Spree Acquisition Corp. 1 Limited stock for Q2 2023, down 78% quarter-over-quarter.
- 6 funds opened new Spree Acquisition Corp. 1 Limited positions in Q2 2023 and 34 closed out, a net change of -28 holders.
- The largest Spree Acquisition Corp. 1 Limited buyer in Q2 2023 was Centiva Capital, an estimated $4.21M added.
- The largest Spree Acquisition Corp. 1 Limited seller in Q2 2023 was Highbridge Capital Management, an estimated $17.8M sold.
Based on aggregated 13F filings for Q2 2023.