Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
SHAP.U
SHAP.U was delisted on the 4th of December, 2023.
20 hedge funds and large institutions have $33.4M invested in Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 41 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
67% less funds holding
Funds holding: 60 → 20 (-40)
80% less capital invested
Capital invested by funds: $169M → $33.4M (-$135M)
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$90.1K |
| 2 |
CS
Clear Street
New York
|
+$26K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$14.3K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$100 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$12M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$8.28M |
| 4 |
AMH
Apollo Management Holdings
New York
|
-$7.76M |
| 5 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$7.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$750K | -74,900 | Closed |
|
|
TCM
52
Tuttle Capital Management
Riverside,
Connecticut
| – | -$740K | -73,950 | Closed |
|
|
BCM
53
Bluefin Capital Management
New York
| – | -$501K | -50,000 | Closed |
|
|
ICM
54
Ionic Capital Management
New York
| – | -$501K | -50,000 | Closed |
|
|
KCM
55
Kawa Capital Management
Hallandale Beach,
Florida
| – | -$501K | -50,000 | Closed |
|
|
WCA
56
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$502K | -50,000 | Closed |
|
|
BCM
57
Beryl Capital Management
Redondo Beach,
California
| – | -$312K | -31,126 | Closed |
|
|
SSA
58
Schonfeld Strategic Advisors
New York
| – | -$250K | -25,000 | Closed |
|
|
WAM
59
Warberg Asset Management
Winnetka,
Illinois
| – | -$130K | -13,000 | Closed |
|
60
Citadel Advisors
Miami,
Florida
| – | -$102K | -10,147 | Closed |
|
|
AA
61
Ancora Advisors
Cleveland,
Ohio
| – | -$86K | -8,600 | Closed |
|
SHAP.U Hedge Fund Activity: Q1 2022 in Review
20 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (SHAP.U) for Q1 2022, worth a combined $33.4M — down 80% from $169M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of SHAP.U and 1 opened new positions — a net loss of 40 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Robinson Capital Management, adding an estimated $90.1K. The largest seller was Adage Capital Partners, exiting entirely with an estimated $15.8M sold.
- 20 institutional investors held Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (SHAP.U) as of Q1 2022, down from 60 in Q4 2021.
- Funds reported $33.4M of Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2022, down 80% quarter-over-quarter.
- 1 fund opened new Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2022 and 41 closed out, a net change of -40 holders.
- The largest Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q1 2022 was Robinson Capital Management, an estimated $90.1K added.
- The largest Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q1 2022 was Adage Capital Partners, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2022.