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CCVI.U

Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant

Delisted

CCVI.U was delisted on the 1st of December, 2023.

38 hedge funds and large institutions have $106M invested in Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% less funds holding

Funds holding: 4938 (-11)

23% less capital invested

Capital invested by funds: $139M → $106M (-$32.5M)

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

73% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 15

Holders
38
Holders Change
-11
Holders Change %
-22.45%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
9
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VF
26
Virtu Financial
New York
$247K +$78.6K +7,788 +46%
E
27
Ergoteles
New York
$179K
GCIA
28
Gabelli & Co Investment Advisers
New York
$129K
GF
29
Gabelli Funds
New York
$122K
UBS Group
30
UBS Group
Switzerland
$116K -$15.5K -1,537 -12%
GWS
31
Glassman Wealth Services
Virginia
$50K
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$45K +$45.2K +4,483 New
AA
33
Ancora Advisors
Ohio
$29K +$29.3K +2,900 New
EAM
34
Exos Asset Management
New York
$22K +$22.1K +2,193 New
SIC
35
Salem Investment Counselors
North Carolina
$9K
PFSC
36
Peoples Financial Services Corp
Pennsylvania
$5K
TRCT
37
Tower Research Capital (TRC)
New York
$5K +$4.35K +431 +1,197%
BWM
38
BerganKDV Wealth Management
Minnesota
$1K
ECP
39
Empyrean Capital Partners
California
-$28.3M -2,800,000 Closed
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
-$12.8M -1,262,413 Closed
AFM
41
Anson Funds Management
Texas
-$8.01M -791,274 Closed
PC
42
Periscope Capital
Ontario, Canada
-$4.06M -401,000 Closed
Citadel Advisors
43
Citadel Advisors
Florida
-$2.7M -266,874 Closed
RCM
44
Rivernorth Capital Management
Florida
-$2.47M -243,675 Closed
AA
45
AQR Arbitrage
Connecticut
-$1.18M -117,000 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
46
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$1.01M -100,000 Closed
CCM
47
CAAS Capital Management
New York
-$506K -50,000 Closed
Manulife (Manufacturers Life Insurance)
48
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$506K -50,000 Closed
WAM
49
Wolverine Asset Management
Illinois
-$361K -35,740 Closed
PF
50
Phoenix Financial
Israel
-$253K -25,000 Closed

CCVI.U Hedge Fund Activity: Q3 2021 in Review

38 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant (CCVI.U) for Q3 2021, worth a combined $106M — down 23% from $139M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of CCVI.U and 4 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 5 added.

The largest buyer was Castle Hook Partners, opening a new position worth an estimated $1.5M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $28.3M sold.

  • 38 institutional investors held Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant (CCVI.U) as of Q3 2021, down from 49 in Q2 2021.
  • Funds reported $106M of Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant stock for Q3 2021, down 23% quarter-over-quarter.
  • 4 funds opened new Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant positions in Q3 2021 and 15 closed out, a net change of -11 holders.
  • The largest Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant buyer in Q3 2021 was Castle Hook Partners, an estimated $1.5M added.
  • The largest Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant seller in Q3 2021 was Empyrean Capital Partners, an estimated $28.3M sold.

Based on aggregated 13F filings for Q3 2021.