Spark I Acquisition Corp
SPKL
40 hedge funds and large institutions have $81.1M invested in Spark I Acquisition Corp in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
67% more capital invested
Capital invested by funds: $48.4M → $81.1M (+$32.7M)
31.28% more ownership
Funds ownership: 47.75% → 79.03% (+31%)
18% more funds holding
Funds holding: 34 → 40 (+6)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$9.71M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.96M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.6M |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$4.53M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.2M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.03M |
| 3 |
CAC
Cowen and Company
New York
|
-$879K |
| 4 |
SG
StoneX Group
New York
|
-$762K |
| 5 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$761K |
SPKL Hedge Fund Activity: Q1 2024 in Review
40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Spark I Acquisition Corp (SPKL) for Q1 2024, worth a combined $81.1M — up 67% from $48.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPKL positions and 4 closed out — a net gain of 6 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $9.71M. The largest seller was K2 Principal Fund, exiting entirely with an estimated $1.2M sold.
- 40 institutional investors held Spark I Acquisition Corp (SPKL) as of Q1 2024, up from 34 in Q4 2023.
- Funds reported $81.1M of Spark I Acquisition Corp stock for Q1 2024, up 67% quarter-over-quarter.
- 10 funds opened new Spark I Acquisition Corp positions in Q1 2024 and 4 closed out, a net change of +6 holders.
- The largest Spark I Acquisition Corp buyer in Q1 2024 was HGC Investment Management, an estimated $9.71M added.
- The largest Spark I Acquisition Corp seller in Q1 2024 was K2 Principal Fund, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2024.