Sound Point Acquisition Corp I, Ltd Class A Ordinary Share
SPCM
SPCM was delisted on the 2nd of June, 2023.
45 hedge funds and large institutions have $202M invested in Sound Point Acquisition Corp I, Ltd Class A Ordinary Share in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 5 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
24% more capital invested
Capital invested by funds: $163M → $202M (+$39.5M)
7% more funds holding
Funds holding: 42 → 45 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$17M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$8.86M |
| 3 |
Millennium Management
New York
|
+$3.45M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$3.03M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.1M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$1M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$279K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$186K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$153K |
SPCM Hedge Fund Activity: Q3 2022 in Review
45 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sound Point Acquisition Corp I, Ltd Class A Ordinary Share (SPCM) for Q3 2022, worth a combined $202M — up 24% from $163M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SPCM positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $17M. The largest seller was Cubist Systematic Strategies, exiting entirely with an estimated $2.1M sold.
- 45 institutional investors held Sound Point Acquisition Corp I, Ltd Class A Ordinary Share (SPCM) as of Q3 2022, up from 42 in Q2 2022.
- Funds reported $202M of Sound Point Acquisition Corp I, Ltd Class A Ordinary Share stock for Q3 2022, up 24% quarter-over-quarter.
- 8 funds opened new Sound Point Acquisition Corp I, Ltd Class A Ordinary Share positions in Q3 2022 and 5 closed out, a net change of +3 holders.
- The largest Sound Point Acquisition Corp I, Ltd Class A Ordinary Share buyer in Q3 2022 was Shaolin Capital Management, an estimated $17M added.
- The largest Sound Point Acquisition Corp I, Ltd Class A Ordinary Share seller in Q3 2022 was Cubist Systematic Strategies, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2022.