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ACND.U

Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal

Delisted

ACND.U was delisted on the 21st of July, 2021.

33 hedge funds and large institutions have $110M invested in Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 15 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% less funds holding

Funds holding: 4633 (-13)

35% less capital invested

Capital invested by funds: $168M → $110M (-$58.5M)

67% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 18

87% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 15

Holders
33
Holders Change
-13
Holders Change %
-28.26%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
2
Reduced
15
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MF
1
Magnetar Financial
Illinois
$37M -$420K -40,000 -1%
GCL
2
Glazer Capital LLC
New York
$21.5M -$85.6K -8,158 -0.4%
DKCM
3
Davidson Kempner Capital Management
New York
$12.9M -$1.05M -100,000 -8%
Millennium Management
4
Millennium Management
New York
$8.4M -$8.61M -820,000 -51%
KC
5
Kepos Capital
New York
$7.82M -$634K -60,356 -7%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$6.88M -$5.22M -497,413 -43%
HP
7
Hound Partners
New York
$2.1M
HF
8
HRT Financial
New York
$2.07M
Jane Street
9
Jane Street
New York
$1.57M +$262 +25 +0%
WC
10
Wealthspring Capital
New York
$1.39M +$1.39M +132,756 New
VF
11
Virtu Financial
New York
$1.39M +$1.39M +132,238 New
AC
12
Aristeia Capital
Connecticut
$1.05M -$5.25M -500,000 -83%
CIM
13
Cowen Investment Management
New York
$788K -$262K -25,000 -25%
ECM
14
ExodusPoint Capital Management
New York
$735K
KIM
15
Karpus Investment Management
New York
$539K -$173K -16,500 -24%
BI
16
Bulldog Investors
New Jersey
$525K
WCMNY
17
Westchester Capital Management (New York)
New York
$473K -$4.78M -454,934 -91%
SCM
18
Shaolin Capital Management
Florida
$355K
HIM
19
HGC Investment Management
Ontario, Canada
$332K
SMA
20
Sage Mountain Advisors
Georgia
$324K +$324K +30,832 New
Walleye Trading
21
Walleye Trading
New York
$277K -$38.4K -3,655 -12%
AFS
22
Amtrust Financial Services
New York
$263K -$262K -25,000 -50%
BCM
23
Beryl Capital Management
California
$229K -$11K -1,048 -5%
OAC
24
OMERS Administration Corp
Ontario, Canada
$210K
FTCM
25
First Trust Capital Management
Illinois
$166K

ACND.U Hedge Fund Activity: Q4 2020 in Review

33 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal (ACND.U) for Q4 2020, worth a combined $110M — down 35% from $168M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of ACND.U and 6 opened new positions — a net loss of 12 holders — while 15 trimmed existing stakes and 2 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $1.39M. The largest seller was Millennium Management, cutting an estimated $8.61M.

  • 33 institutional investors held Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal (ACND.U) as of Q4 2020, down from 46 in Q3 2020.
  • Funds reported $110M of Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal stock for Q4 2020, down 35% quarter-over-quarter.
  • 6 funds opened new Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal positions in Q4 2020 and 18 closed out, a net change of -12 holders.
  • The largest Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal buyer in Q4 2020 was Virtu Financial, an estimated $1.39M added.
  • The largest Ascendant Digital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-hal seller in Q4 2020 was Millennium Management, an estimated $8.61M sold.

Based on aggregated 13F filings for Q4 2020.