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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.

32 hedge funds and large institutions have $70.8M 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 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 3332 (-1)

18% less capital invested

Capital invested by funds: $86.7M → $70.8M (-$15.8M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

Holders
32
Holders Change
-1
Holders Change %
-3.03%
% of All Funds
0.5%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
3
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MF
1
Magnetar Financial
Illinois
$33M -$169K -17,060 -0.5%
SIM
2
Sandia Investment Management
Massachusetts
$7.91M +$204K +20,550 +3%
MP
3
MSD Partners
New York
$4.96M -$9.91M -1,000,000 -67%
LIM
4
Longfellow Investment Management
Massachusetts
$4.77M +$72.8K +7,347 +2%
Allianz Asset Management
5
Allianz Asset Management
Germany
$3.81M
CIM
6
Cowen Investment Management
New York
$3.47M
BFM
7
Boothbay Fund Management
New York
$3.28M
Millennium Management
8
Millennium Management
New York
$1.84M -$1.49M -150,000 -45%
CHP
9
Castle Hook Partners
New York
$1.48M
HF
10
HRT Financial
New York
$1.3M
RCM
11
Rivernorth Capital Management
Florida
$990K +$991K +100,000 New
Jane Street
12
Jane Street
New York
$889K -$8.38K -845 -0.9%
SRF
13
Silver Rock Financial
California
$496K
PCM
14
Prelude Capital Management
New York
$496K +$496K +50,028 New
JG
15
Jefferies Group
New York
$455K
WMSA
16
Weiss Multi-Strategy Advisers
New York
$352K
ECM
17
ExodusPoint Capital Management
New York
$298K
BCL
18
Bracebridge Capital LLC
Massachusetts
$248K
E
19
Ergoteles
New York
$177K
Hudson Bay Capital Management
20
Hudson Bay Capital Management
Connecticut
$149K
GCIA
21
Gabelli & Co Investment Advisers
New York
$127K
GF
22
Gabelli Funds
New York
$121K
Walleye Capital
23
Walleye Capital
New York
$101K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$30K
UBS Group
25
UBS Group
Switzerland
$26K -$101K -10,169 -80%

CCVI.U Hedge Fund Activity: Q1 2022 in Review

32 of the 6,341 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 Q1 2022, worth a combined $70.8M — down 18% from $86.7M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of CCVI.U and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $991K. The largest seller was MSD Partners, cutting an estimated $9.91M.

  • 32 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 Q1 2022, down from 33 in Q4 2021.
  • Funds reported $70.8M 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 Q1 2022, 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 Q1 2022 and 5 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 Q1 2022 was Rivernorth Capital Management, an estimated $991K 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 Q1 2022 was MSD Partners, an estimated $9.91M sold.

Based on aggregated 13F filings for Q1 2022.