Target Global Acquisition I Corp. Class A Ordinary Share
TGAA
TGAA was delisted on the 16th of December, 2024.
55 hedge funds and large institutions have $216M invested in Target Global Acquisition I Corp. Class A Ordinary Share in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 6 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $202M → $216M (+$14.6M)
6% more funds holding
Funds holding: 52 → 55 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$11.2M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$8.28M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
+$6.21M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.9M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$17.1M |
| 2 |
Millennium Management
New York
|
-$5.59M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.54M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.52M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$2.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAC
51
Cowen and Company
New York
| $186K | +$185K | +17,877 | New |
|
|
SFM
52
Spartan Fund Management
Toronto, Ontario,
Canada
| $148K | – | – | – |
|
53
Balyasny Asset Management
Chicago,
Illinois
| $142K | – | – | – |
|
|
E
54
Ergoteles
New York
| $131K | -$104K | -10,000 | -44% |
|
|
SSA
55
Schonfeld Strategic Advisors
New York
| $105K | – | – | – |
|
|
HCM
56
Highbridge Capital Management
New York
| – | -$17.1M | -1,674,158 | Closed |
|
|
57
Marshall Wace
London,
United Kingdom
| – | -$5.54M | -540,792 | Closed |
|
|
GCL
58
Glazer Capital LLC
New York
| – | -$2.91M | -283,814 | Closed |
|
|
WAM
59
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.35M | -131,608 | Closed |
|
60
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$599K | -58,400 | Closed |
|
|
ETH
61
Exos TFP Holdings
New York
| – | -$30.5K | -2,983 | Closed |
|
TGAA Hedge Fund Activity: Q1 2023 in Review
55 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Target Global Acquisition I Corp. Class A Ordinary Share (TGAA) for Q1 2023, worth a combined $216M — up 7.2% from $202M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TGAA positions and 6 closed out — a net gain of 3 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was First Trust Capital Management, adding an estimated $11.2M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $17.1M sold.
- 55 institutional investors held Target Global Acquisition I Corp. Class A Ordinary Share (TGAA) as of Q1 2023, up from 52 in Q4 2022.
- Funds reported $216M of Target Global Acquisition I Corp. Class A Ordinary Share stock for Q1 2023, up 7.2% quarter-over-quarter.
- 9 funds opened new Target Global Acquisition I Corp. Class A Ordinary Share positions in Q1 2023 and 6 closed out, a net change of +3 holders.
- The largest Target Global Acquisition I Corp. Class A Ordinary Share buyer in Q1 2023 was First Trust Capital Management, an estimated $11.2M added.
- The largest Target Global Acquisition I Corp. Class A Ordinary Share seller in Q1 2023 was Highbridge Capital Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2023.