Slam Corp. Class A Ordinary Share
SLAM
SLAM was delisted on the 26th of August, 2024.
46 hedge funds and large institutions have $274M invested in Slam Corp. Class A Ordinary Share in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 54 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
49% less funds holding
Funds holding: 91 → 46 (-45)
51% less capital invested
Capital invested by funds: $560M → $274M (-$287M)
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
81% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$19.6M |
| 2 |
AMC
Atlas Merchant Capital
New York
|
+$14.3M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$8.3M |
| 4 |
CAC
Cowen and Company
New York
|
+$8.17M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$6.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$33.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$29.6M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$28.7M |
| 4 |
Millennium Management
New York
|
-$26.3M |
| 5 |
CCP
Corbin Capital Partners
New York
|
-$23.5M |
SLAM Hedge Fund Activity: Q1 2023 in Review
46 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Slam Corp. Class A Ordinary Share (SLAM) for Q1 2023, worth a combined $274M — down 51% from $560M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of SLAM and 10 opened new positions — a net loss of 44 holders — while 17 trimmed existing stakes and 7 added.
The largest buyer was Meteora Capital, adding an estimated $19.6M. The largest seller was Glazer Capital LLC, cutting an estimated $33.4M.
- 46 institutional investors held Slam Corp. Class A Ordinary Share (SLAM) as of Q1 2023, down from 91 in Q4 2022.
- Funds reported $274M of Slam Corp. Class A Ordinary Share stock for Q1 2023, down 51% quarter-over-quarter.
- 10 funds opened new Slam Corp. Class A Ordinary Share positions in Q1 2023 and 54 closed out, a net change of -44 holders.
- The largest Slam Corp. Class A Ordinary Share buyer in Q1 2023 was Meteora Capital, an estimated $19.6M added.
- The largest Slam Corp. Class A Ordinary Share seller in Q1 2023 was Glazer Capital LLC, an estimated $33.4M sold.
Based on aggregated 13F filings for Q1 2023.