Sizzle Acquisition Corp. Common stock
SZZL
SZZL was delisted on the 27th of February, 2024.
31 hedge funds and large institutions have $46.3M invested in Sizzle Acquisition Corp. Common stock in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 40 closing their positions.
53% less funds holding
Funds holding: 66 → 31 (-35)
67% less capital invested
Capital invested by funds: $141M → $46.3M (-$95M)
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
88% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.17M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$2.69M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.45M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.5M |
| 5 |
CF
Cantor Fitzgerald
New York
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$11.8M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$10.2M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.19M |
| 4 |
LA
Linden Advisors
New York
|
-$6.13M |
| 5 |
SV
Starboard Value
New York
|
-$6.1M |
SZZL Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sizzle Acquisition Corp. Common stock (SZZL) for Q1 2023, worth a combined $46.3M — down 67% from $141M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of SZZL and 5 opened new positions — a net loss of 35 holders — while 13 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, adding an estimated $3.17M. The largest seller was Saba Capital Management, cutting an estimated $11.8M.
- 31 institutional investors held Sizzle Acquisition Corp. Common stock (SZZL) as of Q1 2023, down from 66 in Q4 2022.
- Funds reported $46.3M of Sizzle Acquisition Corp. Common stock stock for Q1 2023, down 67% quarter-over-quarter.
- 5 funds opened new Sizzle Acquisition Corp. Common stock positions in Q1 2023 and 40 closed out, a net change of -35 holders.
- The largest Sizzle Acquisition Corp. Common stock buyer in Q1 2023 was Wolverine Asset Management, an estimated $3.17M added.
- The largest Sizzle Acquisition Corp. Common stock seller in Q1 2023 was Saba Capital Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2023.