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SUAC.U

ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant

Delisted

SUAC.U was delisted on the 1st of December, 2023.

25 hedge funds and large institutions have $69.2M invested in ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 10 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% less funds holding

Funds holding: 7725 (-52)

76% less capital invested

Capital invested by funds: $290M → $69.2M (-$221M)

96% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 54

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 10

Holders
25
Holders Change
-52
Holders Change %
-67.53%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
Reduced
10
Closed
54
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RA
76
Ramius Advisors
New York
-$101K -10,000 Closed
USPCM
77
Union Square Park Capital Management
New York
-$101K -10,000 Closed
RA
78
RiverPark Advisors
New York
-$39K -3,856 Closed

SUAC.U Hedge Fund Activity: Q1 2022 in Review

25 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (SUAC.U) for Q1 2022, worth a combined $69.2M — down 76% from $290M a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of SUAC.U and 2 opened new positions — a net loss of 52 holders — while 10 trimmed existing stakes and 0 added.

The largest buyer was State Street, opening a new position worth an estimated $110K. The largest seller was Saba Capital Management, exiting entirely with an estimated $25.3M sold.

  • 25 institutional investors held ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (SUAC.U) as of Q1 2022, down from 77 in Q4 2021.
  • Funds reported $69.2M of ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2022, down 76% quarter-over-quarter.
  • 2 funds opened new ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q1 2022 and 54 closed out, a net change of -52 holders.
  • The largest ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q1 2022 was State Street, an estimated $110K added.
  • The largest ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q1 2022 was Saba Capital Management, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2022.