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SHAP

Spree Acquisition Corp. 1 Limited

Delisted

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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

56% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 9

57% less funds holding

Funds holding: 4921 (-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

Holders
21
Holders Change
-28
Holders Change %
-57.14%
% of All Funds
0.33%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
4
Reduced
9
Closed
34
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Hudson Bay Capital Management
1
Hudson Bay Capital Management
Connecticut
$5.09M -$1.32M -125,000 -21%
CC
2
Centiva Capital
New York
$4.25M +$4.21M +400,000 New
MSU
3
Mizuho Securities USA
New York
$3.82M +$3.81M +362,000 New
CCA
4
Castle Creek Arbitrage
Colorado
$3.78M +$1.28M +121,232 +52%
SCM
5
Saba Capital Management
New York
$3.48M -$16.3M -1,551,911 -83%
RCM
6
Radcliffe Capital Management
Pennsylvania
$3.23M
WAM
7
Wolverine Asset Management
Illinois
$3.15M +$2.14M +203,074 +218%
AC
8
Aristeia Capital
Connecticut
$2.65M -$12.9M -1,228,513 -83%
KL
9
KIM LLC
Kansas
$2.12M -$3.16M -300,000 -60%
WRBC
10
W.R. Berkley Corp
Connecticut
$2.11M -$5.06M -480,444 -71%
GCL
11
Glazer Capital LLC
New York
$1.86M -$1.53M -145,016 -45%
AA
12
AQR Arbitrage
Connecticut
$1.59M -$7.12M -676,200 -82%
PC
13
Periscope Capital
Ontario, Canada
$1.33M -$10.4M -989,871 -89%
KPF
14
K2 Principal Fund
Ontario, Canada
$849K +$841K +79,910 New
WCMNY
15
Westchester Capital Management (New York)
New York
$797K -$9.62M -914,234 -92%
SFM
16
Spartan Fund Management
Canada
$688K +$789K +75,000 +232%
TCM
17
Tuttle Capital Management
Connecticut
$615K +$913K +86,700 New
PAMP
18
Polar Asset Management Partners
Ontario, Canada
$478K
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$264K +$261K +24,764 New
CS
20
Clear Street
New York
$26.3K +$26.1K +2,475 +61,875%
HCM
21
Highbridge Capital Management
New York
-$17.8M -1,706,761 Closed
RL
22
RPO LLC
Connecticut
-$10.4M -998,000 Closed
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
-$7.41M -710,000 Closed
CCM
24
Context Capital Management
California
-$5.39M -517,213 Closed
Calamos Advisors
25
Calamos Advisors
Illinois
-$5.34M -500,000 Closed

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.