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.
31 hedge funds and large institutions have $30.4M 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 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
3% less funds holding
Funds holding: 32 → 31 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
57% less capital invested
Capital invested by funds: $70.8M → $30.4M (-$40.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$1.72M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$296K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$153K |
| 4 |
CS
Clear Street
New York
|
+$61.7K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$3.81M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.22M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.07M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$1.99M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$298K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $12K | +$12.8K | +1,300 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $10K | +$1.33K | +135 | +16% |
|
|
SIC
28
Salem Investment Counselors
Winston Salem,
North Carolina
| $9K | – | – | – |
|
|
SFM
29
Spartan Fund Management
Toronto, Ontario,
Canada
| $6K | – | – | – |
|
|
BWM
30
BerganKDV Wealth Management
Bloomington,
Minnesota
| $1K | – | – | – |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $1K | – | – | – |
|
|
32
Allianz Asset Management
Munich,
Germany
| – | -$3.81M | -384,230 | Closed |
|
|
ECM
33
ExodusPoint Capital Management
New York
| – | -$298K | -30,000 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$30K | -3,067 | Closed |
|
|
PFSC
35
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| – | -$5K | -500 | Closed |
|
CCVI.U Hedge Fund Activity: Q2 2022 in Review
31 of the 5,937 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 Q2 2022, worth a combined $30.4M — down 57% from $70.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CCVI.U and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 4 added.
The largest buyer was Sandia Investment Management, adding an estimated $1.72M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $3.81M sold.
- 31 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 Q2 2022, down from 32 in Q1 2022.
- Funds reported $30.4M 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 Q2 2022, down 57% quarter-over-quarter.
- 3 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 Q2 2022 and 4 closed out, a net change of -1 holder.
- 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 Q2 2022 was Sandia Investment Management, an estimated $1.72M 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 Q2 2022 was Allianz Asset Management, an estimated $3.81M sold.
Based on aggregated 13F filings for Q2 2022.