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.
28 hedge funds and large institutions have $31M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
2% more capital invested
Capital invested by funds: $30.4M → $31M (+$596K)
10% less funds holding
Funds holding: 31 → 28 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$789K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$112K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.4K |
| 4 |
Jane Street
New York
|
+$59 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
E
Ergoteles
New York
|
-$175K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$153K |
| 3 |
CS
Clear Street
New York
|
-$37.1K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$30.7K |
| 5 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
26
Spartan Fund Management
Toronto, Ontario,
Canada
| $6K | – | – | – |
|
|
BWM
27
BerganKDV Wealth Management
Bloomington,
Minnesota
| $1K | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $1K | – | – | – |
|
|
MF
29
Magnetar Financial
Evanston,
Illinois
| – | -$30.7K | -3,119,008 | Closed |
|
|
E
30
Ergoteles
New York
| – | -$175K | -17,800 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$153K | -15,491 | Closed |
|
|
SIC
32
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$9K | -875 | Closed |
|
CCVI.U Hedge Fund Activity: Q3 2022 in Review
28 of the 5,806 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 2022, worth a combined $31M — up 2% from $30.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CCVI.U and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Longfellow Investment Management, adding an estimated $789K. The largest seller was Ergoteles, exiting entirely with an estimated $175K sold.
- 28 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 2022, down from 31 in Q2 2022.
- Funds reported $31M 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 2022, up 2% quarter-over-quarter.
- 1 fund 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 2022 and 4 closed out, a net change of -3 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 2022 was Longfellow Investment Management, an estimated $789K 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 2022 was Ergoteles, an estimated $175K sold.
Based on aggregated 13F filings for Q3 2022.