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AVAN.U

Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Delisted

AVAN.U was delisted on the 4th of October, 2022.

22 hedge funds and large institutions have $38.2M invested in Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 13 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% less funds holding

Funds holding: 5122 (-29)

83% less capital invested

Capital invested by funds: $225M → $38.2M (-$187M)

91% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 32

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 13

Holders
22
Holders Change
-29
Holders Change %
-56.86%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
Reduced
13
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCS
26
Syquant Capital SAS
France
-$10.7M -987,165 Closed
HIM
27
HGC Investment Management
Ontario, Canada
-$7.53M -694,821 Closed
PC
28
Periscope Capital
Ontario, Canada
-$5.27M -483,400 Closed
WCMNY
29
Westchester Capital Management (New York)
New York
-$3.79M -350,000 Closed
Citadel Advisors
30
Citadel Advisors
Florida
-$3.27M -301,489 Closed
FTCM
31
First Trust Capital Management
Illinois
-$3.25M -300,000 Closed
Verition Fund Management
32
Verition Fund Management
Connecticut
-$2.98M -275,000 Closed
VF
33
Virtu Financial
New York
-$2.75M -254,074 Closed
SCM
34
Shaolin Capital Management
Florida
-$2.72M -250,927 Closed
ACA
35
Arena Capital Advisors
California
-$2.72M -250,873 Closed
Deutsche Bank
36
Deutsche Bank
Germany
-$2.71M -250,000 Closed
KPF
37
K2 Principal Fund
Ontario, Canada
-$2.27M -209,880 Closed
Jane Street
38
Jane Street
New York
-$2.18M -200,784 Closed
JP Morgan Chase
39
JP Morgan Chase
New York
-$2.17M -200,000 Closed
CIM
40
Cowen Investment Management
New York
-$1.9M -175,000 Closed
CH
41
CVI Holdings
Delaware
-$1.08M -100,000 Closed
CC
42
Centiva Capital
New York
-$878K -81,000 Closed
AGC
43
Angelo Gordon & Co
New York
-$542K -50,000 Closed
GF
44
Gabelli Funds
New York
-$538K -49,600 Closed
SSA
45
Schonfeld Strategic Advisors
New York
-$434K -40,000 Closed
WMSA
46
Weiss Multi-Strategy Advisers
New York
-$384K -35,465 Closed
KC
47
KCL Capital
New York
-$379K -35,000 Closed
EAM
48
Exos Asset Management
New York
-$240K -22,100 Closed
LOAMU
49
Lombard Odier Asset Management (USA)
New York
-$217K -20,000 Closed
OAC
50
OMERS Administration Corp
Ontario, Canada
-$154K -14,225 Closed

AVAN.U Hedge Fund Activity: Q1 2021 in Review

22 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (AVAN.U) for Q1 2021, worth a combined $38.2M — down 83% from $225M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of AVAN.U and 3 opened new positions — a net loss of 29 holders — while 13 trimmed existing stakes and 0 added.

The largest buyer was AllianceBernstein, opening a new position worth an estimated $940K. The largest seller was Baupost Group, exiting entirely with an estimated $43.4M sold.

  • 22 institutional investors held Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (AVAN.U) as of Q1 2021, down from 51 in Q4 2020.
  • Funds reported $38.2M of Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2021, down 83% quarter-over-quarter.
  • 3 funds opened new Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2021 and 32 closed out, a net change of -29 holders.
  • The largest Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q1 2021 was AllianceBernstein, an estimated $940K added.
  • The largest Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q1 2021 was Baupost Group, an estimated $43.4M sold.

Based on aggregated 13F filings for Q1 2021.