Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant
WAVC.U
WAVC.U was delisted on the 24th of August, 2023.
19 hedge funds and large institutions have $34.7M invested in Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 6 closing their positions.
14% less funds holding
Funds holding: 22 → 19 (-3)
43% less capital invested
Capital invested by funds: $61.4M → $34.7M (-$26.7M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.52M |
| 2 |
CS
Clear Street
New York
|
+$83.1K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$51.7K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$976 |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$966 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$11.1M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
-$5.01M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.41M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.6M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.67M |
WAVC.U Hedge Fund Activity: Q2 2022 in Review
19 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant (WAVC.U) for Q2 2022, worth a combined $34.7M — down 43% from $61.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of WAVC.U and 3 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $2.52M. The largest seller was Light Street Capital Management, exiting entirely with an estimated $11.1M sold.
- 19 institutional investors held Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant (WAVC.U) as of Q2 2022, down from 22 in Q1 2022.
- Funds reported $34.7M of Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant stock for Q2 2022, down 43% quarter-over-quarter.
- 3 funds opened new Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant positions in Q2 2022 and 6 closed out, a net change of -3 holders.
- The largest Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant buyer in Q2 2022 was Meteora Capital, an estimated $2.52M added.
- The largest Waverley Capital Acquisition Corp. 1 Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant seller in Q2 2022 was Light Street Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2022.