Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w
AJAX.U
AJAX.U was delisted on the 26th of August, 2021.
28 hedge funds and large institutions have $68.7M invested in Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 16 reducing their positions, and 54 closing their positions.
64% less funds holding
Funds holding: 77 → 28 (-49)
81% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 16
88% less capital invested
Capital invested by funds: $586M → $68.7M (-$517M)
91% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 54
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IM
Islet Management
New York
|
+$6.17M |
| 2 |
AGM
Alpine Global Management
New York
|
+$1.78M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$520K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$158K |
| 5 |
Morgan Stanley
New York
|
+$39.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$62.8M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$62M |
| 3 |
Millennium Management
New York
|
-$57.4M |
| 4 |
Blackstone Inc
New York
|
-$37.8M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$25.6M |
AJAX.U Hedge Fund Activity: Q1 2021 in Review
28 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w (AJAX.U) for Q1 2021, worth a combined $68.7M — down 88% from $586M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of AJAX.U and 5 opened new positions — a net loss of 49 holders — while 16 trimmed existing stakes and 3 added.
The largest buyer was Islet Management, opening a new position worth an estimated $6.17M. The largest seller was Maverick Capital, exiting entirely with an estimated $62.8M sold.
- 28 institutional investors held Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w (AJAX.U) as of Q1 2021, down from 77 in Q4 2020.
- Funds reported $68.7M of Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w stock for Q1 2021, down 88% quarter-over-quarter.
- 5 funds opened new Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w positions in Q1 2021 and 54 closed out, a net change of -49 holders.
- The largest Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w buyer in Q1 2021 was Islet Management, an estimated $6.17M added.
- The largest Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w seller in Q1 2021 was Maverick Capital, an estimated $62.8M sold.
Based on aggregated 13F filings for Q1 2021.