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.
17 hedge funds and large institutions have $28.2M invested in Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 8 closing their positions.
23% less funds holding
Funds holding: 22 → 17 (-5)
32% less capital invested
Capital invested by funds: $41.4M → $28.2M (-$13.1M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$254K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$132K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$11.2K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$10.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$122 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$6.26M |
| 2 |
KC
Kepos Capital
New York
|
-$3.85M |
| 3 |
HP
Hound Partners
New York
|
-$1.53M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$727K |
| 5 |
VF
Virtu Financial
New York
|
-$323K |
AVAN.U Hedge Fund Activity: Q3 2021 in Review
17 of the 5,728 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 Q3 2021, worth a combined $28.2M — down 32% from $41.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AVAN.U and 3 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $254K. The largest seller was Fortress Investment Group, exiting entirely with an estimated $6.26M sold.
- 17 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 Q3 2021, down from 22 in Q2 2021.
- Funds reported $28.2M of Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q3 2021, down 32% 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 Q3 2021 and 8 closed out, a net change of -5 holders.
- The largest Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q3 2021 was Wolverine Trading, an estimated $254K added.
- The largest Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q3 2021 was Fortress Investment Group, an estimated $6.26M sold.
Based on aggregated 13F filings for Q3 2021.