ExcelFin Acquisition Corp Class A Common Stock
XFIN
XFIN was delisted on the 1st of October, 2024.
12 hedge funds and large institutions have $16.8M invested in ExcelFin Acquisition Corp Class A Common Stock in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 16 closing their positions.
50% less funds holding
Funds holding: 24 → 12 (-12)
64% less capital invested
Capital invested by funds: $46.8M → $16.8M (-$29.9M)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.66M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.09M |
| 3 |
CAC
Cowen and Company
New York
|
+$785K |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$548K |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.96M |
| 2 |
CC
Centiva Capital
New York
|
-$4.81M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$3.19M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.98M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$561K | -52,707 | Closed |
|
|
MC
27
Meteora Capital
Boca Raton,
Florida
| – | -$372K | -35,001 | Closed |
|
|
HF
28
HRT Financial
New York
| – | -$204K | -19,227 | Closed |
|
XFIN Hedge Fund Activity: Q4 2023 in Review
12 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in ExcelFin Acquisition Corp Class A Common Stock (XFIN) for Q4 2023, worth a combined $16.8M — down 64% from $46.8M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of XFIN and 4 opened new positions — a net loss of 12 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.66M. The largest seller was Radcliffe Capital Management, exiting entirely with an estimated $4.96M sold.
- 12 institutional investors held ExcelFin Acquisition Corp Class A Common Stock (XFIN) as of Q4 2023, down from 24 in Q3 2023.
- Funds reported $16.8M of ExcelFin Acquisition Corp Class A Common Stock stock for Q4 2023, down 64% quarter-over-quarter.
- 4 funds opened new ExcelFin Acquisition Corp Class A Common Stock positions in Q4 2023 and 16 closed out, a net change of -12 holders.
- The largest ExcelFin Acquisition Corp Class A Common Stock buyer in Q4 2023 was Rivernorth Capital Management, an estimated $2.66M added.
- The largest ExcelFin Acquisition Corp Class A Common Stock seller in Q4 2023 was Radcliffe Capital Management, an estimated $4.96M sold.
Based on aggregated 13F filings for Q4 2023.