ShoulderUp Technology Acquisition Corp.
SUAC
SUAC was delisted on the 1st of December, 2023.
18 hedge funds and large institutions have $43.7M invested in ShoulderUp Technology Acquisition Corp. in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 45 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
70% less funds holding
Funds holding: 61 → 18 (-43)
84% less capital invested
Capital invested by funds: $279M → $43.7M (-$235M)
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETH
Exos TFP Holdings
New York
|
+$2.91M |
| 2 |
AMC
Atlas Merchant Capital
New York
|
+$2.09M |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$2.08M |
| 4 |
CC
Centiva Capital
New York
|
+$1.96M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$20.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$19.5M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$19.4M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$11.4M |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$9.45M |
SUAC Hedge Fund Activity: Q2 2023 in Review
18 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ShoulderUp Technology Acquisition Corp. (SUAC) for Q2 2023, worth a combined $43.7M — down 84% from $279M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of SUAC and 3 opened new positions — a net loss of 42 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Exos TFP Holdings, opening a new position worth an estimated $2.91M. The largest seller was Calamos Advisors, exiting entirely with an estimated $20.8M sold.
- 18 institutional investors held ShoulderUp Technology Acquisition Corp. (SUAC) as of Q2 2023, down from 61 in Q1 2023.
- Funds reported $43.7M of ShoulderUp Technology Acquisition Corp. stock for Q2 2023, down 84% quarter-over-quarter.
- 3 funds opened new ShoulderUp Technology Acquisition Corp. positions in Q2 2023 and 45 closed out, a net change of -42 holders.
- The largest ShoulderUp Technology Acquisition Corp. buyer in Q2 2023 was Exos TFP Holdings, an estimated $2.91M added.
- The largest ShoulderUp Technology Acquisition Corp. seller in Q2 2023 was Calamos Advisors, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2023.