Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
AVAN.U
AVAN.U was delisted on the 4th of October, 2022.
22 hedge funds and large institutions have $41.4M invested in Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 2 closing their positions.
7% more capital invested
Capital invested by funds: $38.5M → $41.4M (+$2.87M)
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
+$6.3M |
| 2 |
VF
Virtu Financial
New York
|
+$325K |
| 3 |
Millennium Management
New York
|
+$64.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
CAAS Capital Management
New York
|
-$2.59M |
| 2 |
RA
Ramius Advisors
New York
|
-$396K |
| 3 |
Goldman Sachs
New York
|
-$186K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$126K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$78.5K |
AVAN.U Hedge Fund Activity: Q2 2021 in Review
22 of the 5,767 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 Q2 2021, worth a combined $41.4M — up 7.4% from $38.5M a quarter earlier.
Fund positioning in AVAN.U was balanced in Q2 2021: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 5 trimmed.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $6.3M. The largest seller was CAAS Capital Management, exiting entirely with an estimated $2.59M 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 Q2 2021, unchanged from Q1 2021.
- Funds reported $41.4M of Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q2 2021, up 7.4% quarter-over-quarter.
- 2 funds opened new Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q2 2021 and 2 closed out, a net change of 0 holders.
- The largest Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q2 2021 was Fortress Investment Group, an estimated $6.3M added.
- The largest Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q2 2021 was CAAS Capital Management, an estimated $2.59M sold.
Based on aggregated 13F filings for Q2 2021.