ShoulderUp Technology Acquisition Corp.
SUAC
SUAC was delisted on the 1st of December, 2023.
65 hedge funds and large institutions have $245M invested in ShoulderUp Technology Acquisition Corp. in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 8 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
11% more capital invested
Capital invested by funds: $220M → $245M (+$24.6M)
7% more funds holding
Funds holding: 61 → 65 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$6.51M |
| 2 |
Millennium Management
New York
|
+$5.96M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$5.86M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$4.47M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.9M |
| 2 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$4.24M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$1.97M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.07M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$993K |
SUAC Hedge Fund Activity: Q2 2022 in Review
65 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ShoulderUp Technology Acquisition Corp. (SUAC) for Q2 2022, worth a combined $245M — up 11% from $220M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SUAC positions and 8 closed out — a net gain of 4 holders — while 16 added to existing stakes and 7 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $6.51M. The largest seller was Citadel Advisors, exiting entirely with an estimated $7.9M sold.
- 65 institutional investors held ShoulderUp Technology Acquisition Corp. (SUAC) as of Q2 2022, up from 61 in Q1 2022.
- Funds reported $245M of ShoulderUp Technology Acquisition Corp. stock for Q2 2022, up 11% quarter-over-quarter.
- 12 funds opened new ShoulderUp Technology Acquisition Corp. positions in Q2 2022 and 8 closed out, a net change of +4 holders.
- The largest ShoulderUp Technology Acquisition Corp. buyer in Q2 2022 was UBS O'Connor, an estimated $6.51M added.
- The largest ShoulderUp Technology Acquisition Corp. seller in Q2 2022 was Citadel Advisors, an estimated $7.9M sold.
Based on aggregated 13F filings for Q2 2022.