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.
11 hedge funds and large institutions have $13.1M 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 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% less capital invested
Capital invested by funds: $13.1M → $13.1M (-$19K)
8% less funds holding
Funds holding: 12 → 11 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$554K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$357K |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$169K |
| 3 |
PCM
Prelude Capital Management
New York
|
-$102K |
| 4 |
CS
Clear Street
New York
|
-$79.6K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Calamos Advisors
Naperville,
Illinois
| $5.06M | – | – | – |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.56M | – | – | – |
|
|
CCA
3
Castle Creek Arbitrage
Avon,
Colorado
| $2.37M | – | – | – |
|
|
SAM
4
Silverback Asset Management
Chapel Hill,
North Carolina
| $557K | +$554K | +55,000 | New |
|
|
MIG
5
Mariner Investment Group
Harrison,
New York
| $202K | – | – | – |
|
|
PCM
6
Prelude Capital Management
New York
| $151K | -$102K | -10,100 | -40% |
|
|
LCM
7
Landscape Capital Management
Englewood,
New Jersey
| $133K | – | – | – |
|
|
CCM
8
Condor Capital Management
Martinsville,
New Jersey
| $43K | – | – | – |
|
9
UBS Group
Zurich,
Switzerland
| $16K | – | – | – |
|
|
CS
10
Clear Street
New York
| $14K | -$79.6K | -7,906 | -85% |
|
|
SFM
11
Spartan Fund Management
Toronto, Ontario,
Canada
| $10K | +$10.1K | +1,000 | New |
|
|
MF
12
Magnetar Financial
Evanston,
Illinois
| – | -$4.92K | -490,400 | Closed |
|
|
MP
13
Mangrove Partners
Greenwich,
Connecticut
| – | -$357K | -35,630 | Closed |
|
|
SMA
14
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$169K | -16,910 | Closed |
|
SHAP.U Hedge Fund Activity: Q3 2022 in Review
11 of the 5,806 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 Q3 2022, worth a combined $13.1M — down 0.14% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SHAP.U and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest buyer was Silverback Asset Management, opening a new position worth an estimated $554K. The largest seller was Mangrove Partners, exiting entirely with an estimated $357K sold.
- 11 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 Q3 2022, down from 12 in Q2 2022.
- Funds reported $13.1M of Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q3 2022, down 0.14% quarter-over-quarter.
- 2 funds 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 Q3 2022 and 3 closed out, a net change of -1 holder.
- 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 Q3 2022 was Silverback Asset Management, an estimated $554K 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 Q3 2022 was Mangrove Partners, an estimated $357K sold.
Based on aggregated 13F filings for Q3 2022.