Churchill Capital Corp VI Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant
CCVI.U
CCVI.U was delisted on the 1st of December, 2023.
33 hedge funds and large institutions have $86.7M 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 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 9 closing their positions.
13% less funds holding
Funds holding: 38 → 33 (-5)
18% less capital invested
Capital invested by funds: $106M → $86.7M (-$19.4M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
+$10.1M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$3.52M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$709K |
| 4 |
JG
Jefferies Group
New York
|
+$461K |
| 5 |
Walleye Capital
New York
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$17.4M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$12.6M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$4.19M |
| 4 |
Millennium Management
New York
|
-$2.37M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.94M |
CCVI.U Hedge Fund Activity: Q4 2021 in Review
33 of the 6,499 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 Q4 2021, worth a combined $86.7M — down 18% from $106M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CCVI.U and 4 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was MSD Partners, adding an estimated $10.1M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $17.4M sold.
- 33 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 Q4 2021, down from 38 in Q3 2021.
- Funds reported $86.7M 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 Q4 2021, down 18% 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 Q4 2021 and 9 closed out, a net change of -5 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 Q4 2021 was MSD Partners, an estimated $10.1M 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 Q4 2021 was Schonfeld Strategic Advisors, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2021.