ShoulderUp Technology Acquisition Corp.
SUAC
SUAC was delisted on the 1st of December, 2023.
61 hedge funds and large institutions have $279M invested in ShoulderUp Technology Acquisition Corp. in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 8 closing their positions.
3% less capital invested
Capital invested by funds: $288M → $279M (-$9.17M)
2% less funds holding
Funds holding: 62 → 61 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$8.07M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.08M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$6.09M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$4.87M |
| 5 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$14.1M |
| 2 |
SC
Sculptor Capital
New York
|
-$7.73M |
| 3 |
SCM
Saba Capital Management
New York
|
-$7.61M |
| 4 |
TCA
Taconic Capital Advisors
New York
|
-$5.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.01M |
SUAC Hedge Fund Activity: Q1 2023 in Review
61 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ShoulderUp Technology Acquisition Corp. (SUAC) for Q1 2023, worth a combined $279M — down 3.2% from $288M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SUAC and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $8.07M. The largest seller was Shaolin Capital Management, cutting an estimated $14.1M.
- 61 institutional investors held ShoulderUp Technology Acquisition Corp. (SUAC) as of Q1 2023, down from 62 in Q4 2022.
- Funds reported $279M of ShoulderUp Technology Acquisition Corp. stock for Q1 2023, down 3.2% quarter-over-quarter.
- 7 funds opened new ShoulderUp Technology Acquisition Corp. positions in Q1 2023 and 8 closed out, a net change of -1 holder.
- The largest ShoulderUp Technology Acquisition Corp. buyer in Q1 2023 was Nomura Holdings, an estimated $8.07M added.
- The largest ShoulderUp Technology Acquisition Corp. seller in Q1 2023 was Shaolin Capital Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2023.