ShoulderUp Technology Acquisition Corp.
SUAC
SUAC was delisted on the 1st of December, 2023.
60 hedge funds and large institutions have $286M invested in ShoulderUp Technology Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 10 closing their positions.
17% more capital invested
Capital invested by funds: $245M → $286M (+$41.7M)
8% less funds holding
Funds holding: 65 → 60 (-5)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
+$19.9M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$12.8M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$10.3M |
| 4 |
ACM
Atalaya Capital Management
New York
|
+$5.98M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$5.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$6.2M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$4.49M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$3.97M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$2.73M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.09M |
SUAC Hedge Fund Activity: Q3 2022 in Review
60 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ShoulderUp Technology Acquisition Corp. (SUAC) for Q3 2022, worth a combined $286M — up 17% from $245M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SUAC and 5 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Calamos Advisors, opening a new position worth an estimated $19.9M. The largest seller was HBK Investments, exiting entirely with an estimated $6.2M sold.
- 60 institutional investors held ShoulderUp Technology Acquisition Corp. (SUAC) as of Q3 2022, down from 65 in Q2 2022.
- Funds reported $286M of ShoulderUp Technology Acquisition Corp. stock for Q3 2022, up 17% quarter-over-quarter.
- 5 funds opened new ShoulderUp Technology Acquisition Corp. positions in Q3 2022 and 10 closed out, a net change of -5 holders.
- The largest ShoulderUp Technology Acquisition Corp. buyer in Q3 2022 was Calamos Advisors, an estimated $19.9M added.
- The largest ShoulderUp Technology Acquisition Corp. seller in Q3 2022 was HBK Investments, an estimated $6.2M sold.
Based on aggregated 13F filings for Q3 2022.