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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.

49 hedge funds and large institutions have $139M 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 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% less funds holding

Funds holding: 10149 (-52)

67% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 12

72% less capital invested

Capital invested by funds: $493M → $139M (-$355M)

91% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 57

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
49
Holders Change
-52
Holders Change %
-51.49%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
4
Reduced
12
Closed
57
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WP
76
Woodline Partners
California
-$2.52M -250,000 Closed
Nomura Holdings
77
Nomura Holdings
Japan
-$2.02M -200,000 Closed
CP
78
Covalent Partners
Massachusetts
-$1.82M -180,711 Closed
AC
79
Athos Capital
Hong Kong
-$1.71M -170,000 Closed
BCM
80
Basswood Capital Management
New York
-$1.58M -156,749 Closed
Susquehanna International Group
81
Susquehanna International Group
Pennsylvania
-$1.52M -150,866 Closed
DKCM
82
Davidson Kempner Capital Management
New York
-$1.51M -150,000 Closed
PAMP
83
Polar Asset Management Partners
Ontario, Canada
-$1.51M -150,000 Closed
TCIM
84
TOMS Capital Investment Management
New York
-$1.51M -150,000 Closed
JGC
85
J. Goldman & Co
New York
-$1.47M -145,851 Closed
CCM
86
Context Capital Management
California
-$1.03M -102,273 Closed
BC
87
Brookfield Corp
Ontario, Canada
-$1.01M -100,000 Closed
CH
88
CVI Holdings
Delaware
-$1.01M -100,000 Closed
OCAM
89
Owl Creek Asset Management
New York
-$1.01M -100,000 Closed
RCM
90
Radcliffe Capital Management
Pennsylvania
-$1.01M -100,000 Closed
ECU
91
Eisler Capital (UK)
United Kingdom
-$1M -99,607 Closed
Morgan Stanley
92
Morgan Stanley
New York
-$755K -75,000 Closed
MS
93
Maven Securities
Jersey
-$504K -50,000 Closed
TD Asset Management
94
TD Asset Management
Ontario, Canada
-$503K -50,000 Closed
CAPTRUST Financial Advisors
95
CAPTRUST Financial Advisors
North Carolina
-$446K -44,310 Closed
KC
96
Kepos Capital
New York
-$352K -35,000 Closed
Marshall Wace
97
Marshall Wace
United Kingdom
-$252K -25,000 Closed
MWNA
98
Marshall Wace North America
New York
-$252K -25,000 Closed
OAC
99
OMERS Administration Corp
Ontario, Canada
-$252K -25,000 Closed
PWAM
100
Park West Asset Management
California
-$252K -25,000 Closed

CCVI.U Hedge Fund Activity: Q2 2021 in Review

49 of the 5,746 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 2021, worth a combined $139M — down 72% from $493M a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of CCVI.U and 5 opened new positions — a net loss of 52 holders — while 12 trimmed existing stakes and 4 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $2.03M. The largest seller was Palestra Capital Management, exiting entirely with an estimated $34.8M sold.

  • 49 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 2021, down from 101 in Q1 2021.
  • Funds reported $139M 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 2021, down 72% quarter-over-quarter.
  • 5 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 2021 and 57 closed out, a net change of -52 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 Q2 2021 was Rivernorth Capital Management, an estimated $2.03M 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 2021 was Palestra Capital Management, an estimated $34.8M sold.

Based on aggregated 13F filings for Q2 2021.