Sizzle Acquisition Corp. Unit
SZZLU
SZZLU was delisted on the 27th of February, 2024.
23 hedge funds and large institutions have $31.2M invested in Sizzle Acquisition Corp. Unit in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 9 closing their positions.
16% less capital invested
Capital invested by funds: $37.4M → $31.2M (-$6.12M)
23% less funds holding
Funds holding: 30 → 23 (-7)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$2.52M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.21M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$159K |
| 4 |
CS
Clear Street
New York
|
+$15.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.79K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2M |
| 2 |
SC
Sculptor Capital
New York
|
-$1.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.34M |
| 4 |
Millennium Management
New York
|
-$907K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$608K |
SZZLU Hedge Fund Activity: Q2 2022 in Review
23 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Sizzle Acquisition Corp. Unit (SZZLU) for Q2 2022, worth a combined $31.2M — down 16% from $37.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SZZLU and 2 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $2.52M. The largest seller was Mangrove Partners, exiting entirely with an estimated $2M sold.
- 23 institutional investors held Sizzle Acquisition Corp. Unit (SZZLU) as of Q2 2022, down from 30 in Q1 2022.
- Funds reported $31.2M of Sizzle Acquisition Corp. Unit stock for Q2 2022, down 16% quarter-over-quarter.
- 2 funds opened new Sizzle Acquisition Corp. Unit positions in Q2 2022 and 9 closed out, a net change of -7 holders.
- The largest Sizzle Acquisition Corp. Unit buyer in Q2 2022 was Cantor Fitzgerald, an estimated $2.52M added.
- The largest Sizzle Acquisition Corp. Unit seller in Q2 2022 was Mangrove Partners, an estimated $2M sold.
Based on aggregated 13F filings for Q2 2022.