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.
15 hedge funds and large institutions have $11.9M invested in Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 10 closing their positions.
35% less funds holding
Funds holding: 23 → 15 (-8)
43% less capital invested
Capital invested by funds: $21M → $11.9M (-$9.08M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$958K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$289K |
| 3 |
CS
Clear Street
New York
|
+$73.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.14M |
| 2 |
Millennium Management
New York
|
-$1.37M |
| 3 |
GAM
Gritstone Asset Management
Bethesda,
Maryland
|
-$1.35M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.25M |
| 5 |
Jane Street
New York
|
-$1.06M |
APGB.U Hedge Fund Activity: Q1 2023 in Review
15 of the 6,283 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 Q1 2023, worth a combined $11.9M — down 43% from $21M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of APGB.U and 2 opened new positions — a net loss of 8 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Sandia Investment Management, opening a new position worth an estimated $958K. The largest seller was Longfellow Investment Management, exiting entirely with an estimated $3.14M sold.
- 15 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 Q1 2023, down from 23 in Q4 2022.
- Funds reported $11.9M of Apollo Strategic Growth Capital II Units, each consisting of one Class A ordinary share, and one-fifth of one warrant stock for Q1 2023, down 43% quarter-over-quarter.
- 2 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 Q1 2023 and 10 closed out, a net change of -8 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 Q1 2023 was Sandia Investment Management, an estimated $958K 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 Q1 2023 was Longfellow Investment Management, an estimated $3.14M sold.
Based on aggregated 13F filings for Q1 2023.