Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant
APGB.U
APGB.U was delisted on the 24th of November, 2023.
63 hedge funds and large institutions have $182M invested in Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 19 reducing their positions, and 74 closing their positions.
53% less funds holding
Funds holding: 133 → 63 (-70)
67% less capital invested
Capital invested by funds: $555M → $182M (-$373M)
68% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 19
95% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 74
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$1M |
| 2 |
D.E. Shaw & Co
New York
|
+$899K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$703K |
| 4 |
CIM
Cowen Investment Management
New York
|
+$502K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$20M |
| 2 |
SI
Standard Investments
New York
|
-$20M |
| 3 |
SCP
Soroban Capital Partners
New York
|
-$15M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Morgan Stanley
New York
| – | -$268K | -26,849 | Closed |
|
|
LCG
127
Luxor Capital Group
New York
| – | -$222K | -22,202 | Closed |
|
|
MI
128
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$200K | -20,000 | Closed |
|
|
AGM
129
Alpine Global Management
New York
| – | -$129K | -12,951 | Closed |
|
130
Capstone Investment Advisors
New York
| – | -$100K | -10,000 | Closed |
|
|
CC
131
Centiva Capital
New York
| – | -$100K | -10,000 | Closed |
|
|
DIG
132
DeepCurrents Investment Group
New York
| – | -$100K | -10,000 | Closed |
|
|
EIP
133
Easterly Investment Partners
Beverly,
Massachusetts
| – | -$100K | -10,000 | Closed |
|
|
LCS
134
Levin Capital Strategies
New York
| – | -$100K | -10,000 | Closed |
|
|
WRBC
135
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$99K | -9,825 | Closed |
|
|
BHMP
136
Bardin Hill Management Partners
New York
| – | -$50K | -5,000 | Closed |
|
|
AA
137
Ancora Advisors
Cleveland,
Ohio
| – | -$18K | -1,800 | Closed |
|
APGB.U Hedge Fund Activity: Q2 2021 in Review
63 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant (APGB.U) for Q2 2021, worth a combined $182M — down 67% from $555M a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of APGB.U and 4 opened new positions — a net loss of 70 holders — while 19 trimmed existing stakes and 6 added.
The largest buyer was Echo Street Capital Management, opening a new position worth an estimated $1M. The largest seller was Public Sector Pension Investment Board (PSP Investments), exiting entirely with an estimated $20M sold.
- 63 institutional investors held Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant (APGB.U) as of Q2 2021, down from 133 in Q1 2021.
- Funds reported $182M of Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant stock for Q2 2021, down 67% quarter-over-quarter.
- 4 funds opened new Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant positions in Q2 2021 and 74 closed out, a net change of -70 holders.
- The largest Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant buyer in Q2 2021 was Echo Street Capital Management, an estimated $1M added.
- The largest Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant seller in Q2 2021 was Public Sector Pension Investment Board (PSP Investments), an estimated $20M sold.
Based on aggregated 13F filings for Q2 2021.