Target Global Acquisition I Corp. Class A Ordinary Share
TGAA
TGAA was delisted on the 16th of December, 2024.
18 hedge funds and large institutions have $20.9M invested in Target Global Acquisition I Corp. Class A Ordinary Share in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 10 closing their positions.
25% less funds holding
Funds holding: 24 → 18 (-6)
48% less capital invested
Capital invested by funds: $39.8M → $20.9M (-$19M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$994K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$263K |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$263K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$8.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$8.23M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.57M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.51M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.98M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$353K | -31,584 | Closed |
|
27
Verition Fund Management
Greenwich,
Connecticut
| – | -$292K | -26,197 | Closed |
|
|
SFM
28
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$11 | -1 | Closed |
|
TGAA Hedge Fund Activity: Q2 2024 in Review
18 of the 6,927 institutional investors tracked by Wall St. Rank reported a position in Target Global Acquisition I Corp. Class A Ordinary Share (TGAA) for Q2 2024, worth a combined $20.9M — down 48% from $39.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TGAA and 4 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $994K. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $8.23M sold.
- 18 institutional investors held Target Global Acquisition I Corp. Class A Ordinary Share (TGAA) as of Q2 2024, down from 24 in Q1 2024.
- Funds reported $20.9M of Target Global Acquisition I Corp. Class A Ordinary Share stock for Q2 2024, down 48% quarter-over-quarter.
- 4 funds opened new Target Global Acquisition I Corp. Class A Ordinary Share positions in Q2 2024 and 10 closed out, a net change of -6 holders.
- The largest Target Global Acquisition I Corp. Class A Ordinary Share buyer in Q2 2024 was Fir Tree Capital Management, an estimated $994K added.
- The largest Target Global Acquisition I Corp. Class A Ordinary Share seller in Q2 2024 was Mizuho Securities USA, an estimated $8.23M sold.
Based on aggregated 13F filings for Q2 2024.