ShoulderUp Technology Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
SUAC.U
SUAC.U was delisted on the 1st of December, 2023.
16 hedge funds and large institutions have $11.1M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
27% less funds holding
Funds holding: 22 → 16 (-6)
78% less capital invested
Capital invested by funds: $49.4M → $11.1M (-$38.3M)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$93.2K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$19.9M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$8.28M |
| 3 |
ACM
Atalaya Capital Management
New York
|
-$5.97M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.98M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$247K |
SUAC.U Hedge Fund Activity: Q3 2022 in Review
16 of the 5,805 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 Q3 2022, worth a combined $11.1M — down 78% from $49.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SUAC.U and 1 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $93.2K. The largest seller was Calamos Advisors, exiting entirely with an estimated $19.9M sold.
- 16 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 Q3 2022, down from 22 in Q2 2022.
- Funds reported $11.1M 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 Q3 2022, down 78% quarter-over-quarter.
- 1 fund 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 Q3 2022 and 7 closed out, a net change of -6 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 Q3 2022 was Clear Street, an estimated $93.2K 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 Q3 2022 was Calamos Advisors, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2022.