Blue Ocean Acquisition Corp (BOCN)

• Sector: Financials
• Industry: Blank Checks

Market Cap: $75.1M

About: Blue Ocean Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

47% less funds holding

Funds holding: 19 [Q1] → 10 (-9) [Q2]

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

60.69% less ownership

Funds ownership: 90.04% [Q1] → 29.35% (-60.69%) [Q2]

66% less capital invested

Capital invested by funds: $61.2M [Q1] → $21.1M (-$40.2M) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 9