BowX Acquisition Corp. Unit
BOWXU
BOWXU was delisted on the 20th of October, 2021.
21 hedge funds and large institutions have $125M invested in BowX Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 0 increasing their positions, 11 reducing their positions, and 35 closing their positions.
54% less capital invested
Capital invested by funds: $272M → $125M (-$147M)
57% less funds holding
Funds holding: 49 → 21 (-28)
80% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 35
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$2.66M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.07M |
| 3 |
Cohen & Steers
New York
|
+$843K |
| 4 |
VF
Virtu Financial
New York
|
+$517K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$52.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$44.5M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$24.3M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$15.1M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$11.9M |
| 5 |
Millennium Management
New York
|
-$8.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$196K | -18,323 | Closed |
|
|
DIG
52
DeepCurrents Investment Group
New York
| – | -$187K | -17,483 | Closed |
|
53
Wolverine Trading
Chicago,
Illinois
| – | -$175K | -16,200 | Closed |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$165K | -14,874 | -100% |
|
55
Morgan Stanley
New York
| – | -$21K | -2,000 | Closed |
|
BOWXU Hedge Fund Activity: Q1 2021 in Review
21 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in BowX Acquisition Corp. Unit (BOWXU) for Q1 2021, worth a combined $125M — down 54% from $272M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of BOWXU and 7 opened new positions — a net loss of 28 holders — while 11 trimmed existing stakes and 0 added.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $2.66M. The largest seller was BlackRock, exiting entirely with an estimated $44.5M sold.
- 21 institutional investors held BowX Acquisition Corp. Unit (BOWXU) as of Q1 2021, down from 49 in Q4 2020.
- Funds reported $125M of BowX Acquisition Corp. Unit stock for Q1 2021, down 54% quarter-over-quarter.
- 7 funds opened new BowX Acquisition Corp. Unit positions in Q1 2021 and 35 closed out, a net change of -28 holders.
- The largest BowX Acquisition Corp. Unit buyer in Q1 2021 was Alpine Global Management, an estimated $2.66M added.
- The largest BowX Acquisition Corp. Unit seller in Q1 2021 was BlackRock, an estimated $44.5M sold.
Based on aggregated 13F filings for Q1 2021.