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.
11 hedge funds and large institutions have $10.2M 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 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 5 closing their positions.
8% less capital invested
Capital invested by funds: $11.1M → $10.2M (-$883K)
31% less funds holding
Funds holding: 16 → 11 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$410K |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$241K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$180K |
| 4 |
CS
Clear Street
New York
|
-$93K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$49.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
1
Cowen Investment Management
New York
| $2.53M | – | – | – |
|
|
LP
2
LMR Partners
London,
United Kingdom
| $2.27M | – | – | – |
|
|
SRF
3
Silver Rock Financial
Los Angeles,
California
| $2.04M | – | – | – |
|
|
SFM
4
Spartan Fund Management
Toronto, Ontario,
Canada
| $1.6M | – | – | – |
|
|
BCL
5
Bracebridge Capital LLC
Boston,
Massachusetts
| $1.26M | – | – | – |
|
|
WC
6
Wealthspring Capital
West Harrison,
New York
| $163K | -$49.2K | -4,900 | -23% |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $124K | – | – | – |
|
8
State Street
Boston,
Massachusetts
| $111K | – | – | – |
|
9
Walleye Capital
New York
| $106K | – | – | – |
|
|
GCL
10
Glazer Capital LLC
New York
| $28K | – | – | – |
|
|
AA
11
Ancora Advisors
Cleveland,
Ohio
| $3K | – | – | – |
|
|
SSA
12
Schonfeld Strategic Advisors
New York
| – | -$410K | -40,658 | Closed |
|
|
PC
13
Periscope Capital
Toronto,
Ontario, Canada
| – | -$241K | -23,942 | Closed |
|
|
14
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$180K | -17,900 | Closed |
|
|
CS
15
Clear Street
New York
| – | -$93K | -9,300 | Closed |
|
SUAC.U Hedge Fund Activity: Q4 2022 in Review
11 of the 6,221 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 Q4 2022, worth a combined $10.2M — down 7.9% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SUAC.U and 0 opened new positions — a net loss of 5 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $410K sold.
- 11 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 Q4 2022, down from 16 in Q3 2022.
- Funds reported $10.2M 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 Q4 2022, down 7.9% quarter-over-quarter.
- 0 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 Q4 2022 and 5 closed out, a net change of -5 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 seller in Q4 2022 was Schonfeld Strategic Advisors, an estimated $410K sold.
Based on aggregated 13F filings for Q4 2022.