Hedge Funds Brace for Impact: Top 5 Stocks to Dump Now

2. bleuacacia ltd (NASDAQ:BLEU)

Number of Hedge Fund Holders in Q1 2022: 6

Number of Hedge Fund Holders in Q4 2021: 29

bleuacacia ltd (NASDAQ:BLEU) is a New York-based special purpose acquisition company that was incorporated in 2021 to effect a merger, capital stock exchange, asset acquisition, corporate reorganization, and related business combinations in the premium branded consumer retail sector. 

In Q1 2022, 6 hedge funds held long positions in bleuacacia ltd (NASDAQ:BLEU), with collective stakes worth $13.7 million, down from 29 funds in the preceding quarter, holding stakes in the company valued at $135 million.