Avanti Acquisition Corp.
AVAN
AVAN was delisted on the 6th of October, 2022.
78 hedge funds and large institutions have $406M invested in Avanti Acquisition Corp. in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
8% more funds holding
Funds holding: 72 → 78 (+6)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
4% more capital invested
Capital invested by funds: $392M → $406M (+$14.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$8.33M |
| 2 |
Jane Street
New York
|
+$3.61M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$3.59M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.81M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$6.95M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$5.4M |
| 3 |
JP Morgan Chase
New York
|
-$4.88M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.53M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SGAM
76
Seaport Global Asset Management
New York
| $10K | – | – | – |
|
|
MF
77
Magnetar Financial
Evanston,
Illinois
| $621 | +$627K | +63,794 | New |
|
|
FIG
78
Fortress Investment Group
New York
| – | -$6.95M | -710,961 | Closed |
|
|
79
JP Morgan Chase
New York
| – | -$4.88M | -500,000 | Closed |
|
80
Russell Investments Group
London,
United Kingdom
| – | -$616K | -63,065 | Closed |
|
|
RA
81
Ramius Advisors
New York
| – | -$422K | -43,194 | Closed |
|
|
CC
82
Centiva Capital
New York
| – | -$293K | -30,000 | Closed |
|
|
EAM
83
Exos Asset Management
New York
| – | -$224K | -22,910 | Closed |
|
|
DTL
84
Dynamic Technology Lab
Singapore
| – | -$98K | -10,006 | Closed |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$38.7K | -3,941 | -99% |
|
|
SMA
86
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$7K | -700 | Closed |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$4K | -446 | Closed |
|
88
Wells Fargo
San Francisco,
California
| – | -$2K | -250 | Closed |
|
AVAN Hedge Fund Activity: Q2 2021 in Review
78 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Avanti Acquisition Corp. (AVAN) for Q2 2021, worth a combined $406M — up 3.7% from $392M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new AVAN positions and 10 closed out — a net gain of 7 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $8.33M. The largest seller was Fortress Investment Group, exiting entirely with an estimated $6.95M sold.
- 78 institutional investors held Avanti Acquisition Corp. (AVAN) as of Q2 2021, up from 72 in Q1 2021.
- Funds reported $406M of Avanti Acquisition Corp. stock for Q2 2021, up 3.7% quarter-over-quarter.
- 17 funds opened new Avanti Acquisition Corp. positions in Q2 2021 and 10 closed out, a net change of +7 holders.
- The largest Avanti Acquisition Corp. buyer in Q2 2021 was D.E. Shaw & Co, an estimated $8.33M added.
- The largest Avanti Acquisition Corp. seller in Q2 2021 was Fortress Investment Group, an estimated $6.95M sold.
Based on aggregated 13F filings for Q2 2021.