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XFIN

ExcelFin Acquisition Corp Class A Common Stock

Delisted

XFIN was delisted on the 1st of October, 2024.

22 hedge funds and large institutions have $45.9M invested in ExcelFin Acquisition Corp Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $4.54M | Put options by funds: $2.45M

61% less funds holding

Funds holding: 5622 (-34)

64% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 11

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

80% less capital invested

Capital invested by funds: $224M → $45.9M (-$178M)

87% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 38

Holders
22
Holders Change
-34
Holders Change %
-60.71%
% of All Funds
0.35%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.02%
New
5
Increased
4
Reduced
11
Closed
38
Calls
$4.54M
Puts
$2.45M
Net Calls
+$2.1M
Net Calls Change
+$2.1M
Name Holding Trade Value Shares
Change
Change in
Stake
FTCM
1
Fir Tree Capital Management
New York
$5.2M -$8.15M -788,486 -61%
AA
2
AQR Arbitrage
Connecticut
$5.2M -$1.16M -112,487 -18%
RCM
3
Radcliffe Capital Management
Pennsylvania
$4.85M -$353K -34,120 -7%
CC
4
Centiva Capital
New York
$4.78M +$623K +60,268 +15%
PC
5
Periscope Capital
Ontario, Canada
$4.73M -$5.34M -516,600 -53%
ETH
6
Exos TFP Holdings
New York
$3.33M -$2.23M -216,083 -40%
TCM
7
Tenor Capital Management
New York
$3.12M
QL
8
Quarry LP
New York
$2.48M +$402K +38,928 +19%
BFM
9
Boothbay Fund Management
New York
$2.23M -$1.89M -183,102 -46%
KL
10
KIM LLC
Kansas
$2.08M -$8.01M -775,000 -79%
WCMNY
11
Westchester Capital Management (New York)
New York
$1.57M -$10.3M -998,699 -87%
HCM
12
Highbridge Capital Management
New York
$1.3M -$3.87M -375,000 -75%
Verition Fund Management
13
Verition Fund Management
Connecticut
$1.16M -$2.46M -238,260 -68%
SFM
14
Spartan Fund Management
Canada
$1.03M +$743K +71,915 New
RCM
15
Robinson Capital Management
Michigan
$647K +$580K +56,150 +920%
RL
16
RPO LLC
Connecticut
$559K +$555K +53,750 New
TI
17
Tidal Investments
Wisconsin
$520K +$517K +50,000 New
MC
18
Meteora Capital
Florida
$364K -$1.25M -121,093 -78%
MP
19
Mangrove Partners
Connecticut
$302K +$300K +29,041 New
HF
20
HRT Financial
New York
$199K +$17.4K +1,682 +10%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$130K
CS
22
Clear Street
New York
$123K +$122K +11,853 New
SCM
23
Saba Capital Management
New York
-$12.2M -1,171,146 Closed
Calamos Advisors
24
Calamos Advisors
Illinois
-$10.4M -1,000,000 Closed
Marshall Wace
25
Marshall Wace
United Kingdom
-$9.41M -905,893 Closed

XFIN Hedge Fund Activity: Q2 2023 in Review

22 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ExcelFin Acquisition Corp Class A Common Stock (XFIN) for Q2 2023, worth a combined $45.9M — down 80% from $224M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of XFIN and 5 opened new positions — a net loss of 33 holders — while 11 trimmed existing stakes and 4 added.

The largest buyer was Spartan Fund Management, opening a new position worth an estimated $743K. The largest seller was Saba Capital Management, exiting entirely with an estimated $12.2M sold.

  • 22 institutional investors held ExcelFin Acquisition Corp Class A Common Stock (XFIN) as of Q2 2023, down from 56 in Q1 2023.
  • Funds reported $45.9M of ExcelFin Acquisition Corp Class A Common Stock stock for Q2 2023, down 80% quarter-over-quarter.
  • 5 funds opened new ExcelFin Acquisition Corp Class A Common Stock positions in Q2 2023 and 38 closed out, a net change of -33 holders.
  • The largest ExcelFin Acquisition Corp Class A Common Stock buyer in Q2 2023 was Spartan Fund Management, an estimated $743K added.
  • The largest ExcelFin Acquisition Corp Class A Common Stock seller in Q2 2023 was Saba Capital Management, an estimated $12.2M sold.

Based on aggregated 13F filings for Q2 2023.