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.
23 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 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0% less capital invested
Capital invested by funds: $31M → $31M (-$9.95K)
18% less funds holding
Funds holding: 28 → 23 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.43M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$290K |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$222K |
| 4 |
CS
Clear Street
New York
|
+$131K |
| 5 |
Jane Street
New York
|
+$4.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.29M |
| 2 |
Millennium Management
New York
|
-$835K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$794K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$112K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$13K |
CCVI.U Hedge Fund Activity: Q4 2022 in Review
23 of the 6,222 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 2022, worth a combined $31M — down 0.03% from $31M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CCVI.U and 0 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.43M. The largest seller was HRT Financial, exiting entirely with an estimated $1.29M sold.
- 23 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 2022, down from 28 in Q3 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 Q4 2022, down 0.03% quarter-over-quarter.
- 0 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 2022 and 4 closed out, a net change of -4 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 2022 was Rivernorth Capital Management, an estimated $2.43M 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 2022 was HRT Financial, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2022.