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.
6 hedge funds and large institutions have $1.02M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
45% less funds holding
Funds holding: 11 → 6 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
92% less capital invested
Capital invested by funds: $13.1M → $1.02M (-$12.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$394K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$4.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$5.06M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.56M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$2.37M |
| 4 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
-$304K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$151K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCL
1
Glazer Capital LLC
New York
| $396K | +$394K | +38,782 | New |
|
|
SAM
2
Silverback Asset Management
Chapel Hill,
North Carolina
| $256K | -$304K | -30,000 | -55% |
|
|
MIG
3
Mariner Investment Group
Harrison,
New York
| $204K | – | – | – |
|
|
LCM
4
Landscape Capital Management
Englewood,
New Jersey
| $134K | – | – | – |
|
5
UBS Group
Zurich,
Switzerland
| $15.8K | – | – | – |
|
|
SFM
6
Spartan Fund Management
Toronto, Ontario,
Canada
| $14K | +$4.06K | +400 | +40% |
|
|
7
Calamos Advisors
Naperville,
Illinois
| – | -$5.06M | -500,000 | Closed |
|
|
RCM
8
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$4.56M | -450,000 | Closed |
|
|
CCA
9
Castle Creek Arbitrage
Avon,
Colorado
| – | -$2.37M | -234,849 | Closed |
|
|
PCM
10
Prelude Capital Management
New York
| – | -$151K | -14,900 | Closed |
|
|
CCM
11
Condor Capital Management
Martinsville,
New Jersey
| – | -$43K | -4,250 | Closed |
|
|
CS
12
Clear Street
New York
| – | -$14K | -1,401 | Closed |
|
SHAP.U Hedge Fund Activity: Q4 2022 in Review
6 of the 6,222 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 Q4 2022, worth a combined $1.02M — down 92% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SHAP.U and 1 opened new positions — a net loss of 5 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $394K. The largest seller was Calamos Advisors, exiting entirely with an estimated $5.06M sold.
- 6 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 Q4 2022, down from 11 in Q3 2022.
- Funds reported $1.02M of Spree Acquisition Corp. 1 Limited Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q4 2022, down 92% 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 Q4 2022 and 6 closed out, a net change of -5 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 Q4 2022 was Glazer Capital LLC, an estimated $394K 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 Q4 2022 was Calamos Advisors, an estimated $5.06M sold.
Based on aggregated 13F filings for Q4 2022.