Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W
APSG.U
APSG.U was delisted on the 27th of May, 2022.
35 hedge funds and large institutions have $89.7M invested in Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 22 reducing their positions, and 35 closing their positions.
44% less funds holding
Funds holding: 63 → 35 (-28)
71% less capital invested
Capital invested by funds: $304M → $89.7M (-$215M)
80% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 35
91% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$3.8M |
| 2 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
+$2.22M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.56M |
| 4 |
HP
Hartree Partners
New York
|
+$998K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$24.7M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$23.7M |
| 3 |
Millennium Management
New York
|
-$20.3M |
| 4 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$15.9M |
| 5 |
SI
Standard Investments
New York
|
-$13.7M |
APSG.U Hedge Fund Activity: Q1 2021 in Review
35 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W (APSG.U) for Q1 2021, worth a combined $89.7M — down 71% from $304M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of APSG.U and 7 opened new positions — a net loss of 28 holders — while 22 trimmed existing stakes and 2 added.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $3.8M. The largest seller was Aristeia Capital, exiting entirely with an estimated $24.7M sold.
- 35 institutional investors held Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W (APSG.U) as of Q1 2021, down from 63 in Q4 2020.
- Funds reported $89.7M of Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W stock for Q1 2021, down 71% quarter-over-quarter.
- 7 funds opened new Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W positions in Q1 2021 and 35 closed out, a net change of -28 holders.
- The largest Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W buyer in Q1 2021 was Corsair Capital Management, an estimated $3.8M added.
- The largest Apollo Strategic Growth Capital Units, each consisting of one Class A Ordinary Share and one-third W seller in Q1 2021 was Aristeia Capital, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2021.