Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth
CCIV.U
CCIV.U was delisted on the 23rd of July, 2021.
11 hedge funds and large institutions have $46.9M invested in Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 7 reducing their positions, and 56 closing their positions.
83% less funds holding
Funds holding: 66 → 11 (-55)
94% less capital invested
Capital invested by funds: $783M → $46.9M (-$736M)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 56
100% less funds holding in top 10
Funds holding in top 10: 6 → 0 (-6)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.91M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$185M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$123M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$94.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$37M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$30.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Adage Capital Partners
Boston,
Massachusetts
| – | -$769K | -74,700 | Closed |
|
|
RJA
52
Raymond James & Associates
St Petersburg,
Florida
| – | -$694K | -67,370 | Closed |
|
|
ECM
53
ExodusPoint Capital Management
New York
| – | -$515K | -50,000 | Closed |
|
|
KC
54
KCL Capital
New York
| – | -$361K | -35,000 | Closed |
|
|
CL
55
CSS LLC
Chicago,
Illinois
| – | -$356K | -34,586 | Closed |
|
|
MA
56
MUFG Americas
New York
| – | -$258K | -25,000 | Closed |
|
|
VCM
57
Vivaldi Capital Management
Chicago,
Illinois
| – | -$220K | -21,396 | Closed |
|
|
KJHP
58
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| – | -$206K | -20,000 | Closed |
|
59
Citigroup
New York
| – | -$180K | -17,500 | Closed |
|
|
FIA
60
FNY Investment Advisers
New York
| – | -$160K | -15,600 | Closed |
|
|
ICM
61
Ionic Capital Management
New York
| – | -$155K | -15,000 | Closed |
|
62
Walleye Capital
New York
| – | -$154 | -14,946 | Closed |
|
|
EAM
63
Exos Asset Management
New York
| – | -$23K | -2,200 | Closed |
|
CCIV.U Hedge Fund Activity: Q1 2021 in Review
11 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth (CCIV.U) for Q1 2021, worth a combined $46.9M — down 94% from $783M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of CCIV.U and 2 opened new positions — a net loss of 54 holders — while 7 trimmed existing stakes and 0 added.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $1.91M. The largest seller was Magnetar Financial, exiting entirely with an estimated $185M sold.
- 11 institutional investors held Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth (CCIV.U) as of Q1 2021, down from 66 in Q4 2020.
- Funds reported $46.9M of Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth stock for Q1 2021, down 94% quarter-over-quarter.
- 2 funds opened new Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth positions in Q1 2021 and 56 closed out, a net change of -54 holders.
- The largest Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth buyer in Q1 2021 was Cambridge Investment Research Advisors, an estimated $1.91M added.
- The largest Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth seller in Q1 2021 was Magnetar Financial, an estimated $185M sold.
Based on aggregated 13F filings for Q1 2021.