Spark I Acquisition Corp
SPKL
15 hedge funds and large institutions have $19.5M invested in Spark I Acquisition Corp in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 18 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
42.95% less ownership
Funds ownership: 70.12% → 27.17% (-43%)
52% less funds holding
Funds holding: 31 → 15 (-16)
74% less capital invested
Capital invested by funds: $76.4M → $19.5M (-$56.9M)
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$285K |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$159K |
| 3 |
RC
Rangeley Capital
New Canaan,
Connecticut
|
+$157K |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$79.8K |
| 5 |
Morgan Stanley
New York
|
+$55 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$10.7M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$9.84M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$9.24M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.66M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$3.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$972K | -89,186 | Closed |
|
|
SG
27
StoneX Group
New York
| – | -$700K | -64,227 | Closed |
|
|
TCM
28
Tenor Capital Management
New York
| – | -$545K | -50,000 | Closed |
|
|
GCIA
29
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$276K | -25,300 | Closed |
|
|
MTCM
30
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$273K | -25,000 | Closed |
|
31
Calamos Advisors
Naperville,
Illinois
| – | -$270K | -24,769 | Closed |
|
|
GF
32
Gabelli Funds
Rye,
New York
| – | -$269K | -24,700 | Closed |
|
33
Citadel Advisors
Miami,
Florida
| – | -$181K | -16,600 | Closed |
|
SPKL Hedge Fund Activity: Q3 2025 in Review
15 of the 7,622 institutional investors tracked by Wall St. Rank reported a position in Spark I Acquisition Corp (SPKL) for Q3 2025, worth a combined $19.5M — down 74% from $76.4M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SPKL and 2 opened new positions — a net loss of 16 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Clear Street, adding an estimated $285K. The largest seller was W.R. Berkley Corp, exiting entirely with an estimated $10.7M sold.
- 15 institutional investors held Spark I Acquisition Corp (SPKL) as of Q3 2025, down from 31 in Q2 2025.
- Funds reported $19.5M of Spark I Acquisition Corp stock for Q3 2025, down 74% quarter-over-quarter.
- 2 funds opened new Spark I Acquisition Corp positions in Q3 2025 and 18 closed out, a net change of -16 holders.
- The largest Spark I Acquisition Corp buyer in Q3 2025 was Clear Street, an estimated $285K added.
- The largest Spark I Acquisition Corp seller in Q3 2025 was W.R. Berkley Corp, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2025.