Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant
ASZ.U
ASZ.U was delisted on the 17th of November, 2022.
56 hedge funds and large institutions have $184M invested in Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 17 reducing their positions, and 34 closing their positions.
33% less funds holding
Funds holding: 83 → 56 (-27)
60% less capital invested
Capital invested by funds: $458M → $184M (-$274M)
71% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 17
76% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 34
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$852K |
| 3 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$400K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$370K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$84.2M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$28.4M |
| 3 |
Millennium Management
New York
|
-$21.4M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$21M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
-$17.3M |
ASZ.U Hedge Fund Activity: Q3 2021 in Review
56 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (ASZ.U) for Q3 2021, worth a combined $184M — down 60% from $458M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of ASZ.U and 8 opened new positions — a net loss of 26 holders — while 17 trimmed existing stakes and 5 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $3M. The largest seller was Glazer Capital LLC, cutting an estimated $84.2M.
- 56 institutional investors held Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (ASZ.U) as of Q3 2021, down from 83 in Q2 2021.
- Funds reported $184M of Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q3 2021, down 60% quarter-over-quarter.
- 8 funds opened new Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant positions in Q3 2021 and 34 closed out, a net change of -26 holders.
- The largest Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant buyer in Q3 2021 was Cowen and Company, an estimated $3M added.
- The largest Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant seller in Q3 2021 was Glazer Capital LLC, an estimated $84.2M sold.
Based on aggregated 13F filings for Q3 2021.