Sound Point Acquisition Corp I, Ltd Class A Ordinary Share
SPCM
SPCM was delisted on the 2nd of June, 2023.
60 hedge funds and large institutions have $240M invested in Sound Point Acquisition Corp I, Ltd Class A Ordinary Share in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
22% more funds holding
Funds holding: 49 → 60 (+11)
4% more capital invested
Capital invested by funds: $230M → $240M (+$9.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$9.57M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$6.77M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.93M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$3.31M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$16.2M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$12.7M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$6.27M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.02M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$282K |
SPCM Hedge Fund Activity: Q1 2023 in Review
60 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sound Point Acquisition Corp I, Ltd Class A Ordinary Share (SPCM) for Q1 2023, worth a combined $240M — up 4.1% from $230M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SPCM positions and 4 closed out — a net gain of 11 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Periscope Capital, adding an estimated $9.57M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $16.2M sold.
- 60 institutional investors held Sound Point Acquisition Corp I, Ltd Class A Ordinary Share (SPCM) as of Q1 2023, up from 49 in Q4 2022.
- Funds reported $240M of Sound Point Acquisition Corp I, Ltd Class A Ordinary Share stock for Q1 2023, up 4.1% quarter-over-quarter.
- 15 funds opened new Sound Point Acquisition Corp I, Ltd Class A Ordinary Share positions in Q1 2023 and 4 closed out, a net change of +11 holders.
- The largest Sound Point Acquisition Corp I, Ltd Class A Ordinary Share buyer in Q1 2023 was Periscope Capital, an estimated $9.57M added.
- The largest Sound Point Acquisition Corp I, Ltd Class A Ordinary Share seller in Q1 2023 was Highbridge Capital Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2023.