Churchill Capital Corp II
CCX.U
CCX.U was delisted on the 11th of June, 2021.
21 hedge funds and large institutions have $184M invested in Churchill Capital Corp II in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 14 closing their positions.
24% less capital invested
Capital invested by funds: $241M → $184M (-$57.4M)
38% less funds holding
Funds holding: 34 → 21 (-13)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
93% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$3.33M |
| 2 |
Citigroup
New York
|
+$98.7K |
| 3 |
Walleye Capital
New York
|
+$7.29K |
| 4 |
Walleye Trading
New York
|
+$555 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$25.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$25.3M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$21.8M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.25M |
| 5 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$2.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFM
26
Anson Funds Management
Dallas,
Texas
| – | -$1.55M | -150,000 | Closed |
|
|
MI
27
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$1.45M | -140,538 | Closed |
|
|
WRBC
28
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1M | -99,282 | Closed |
|
|
SRCM
29
Sage Rock Capital Management
New York
| – | -$761K | -73,607 | Closed |
|
|
MTCM
30
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$618K | -59,759 | Closed |
|
|
AGM
31
Alpine Global Management
New York
| – | -$253K | -25,000 | Closed |
|
|
GCL
32
Glazer Capital LLC
New York
| – | -$245K | -24,211 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$12K | -1,155 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$4K | -414 | Closed |
|
|
PMAM
35
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -1 | Closed |
|
CCX.U Hedge Fund Activity: Q2 2020 in Review
21 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp II (CCX.U) for Q2 2020, worth a combined $184M — down 24% from $241M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CCX.U and 1 opened new positions — a net loss of 13 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Man Group, opening a new position worth an estimated $3.33M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $25.9M sold.
- 21 institutional investors held Churchill Capital Corp II (CCX.U) as of Q2 2020, down from 34 in Q1 2020.
- Funds reported $184M of Churchill Capital Corp II stock for Q2 2020, down 24% quarter-over-quarter.
- 1 fund opened new Churchill Capital Corp II positions in Q2 2020 and 14 closed out, a net change of -13 holders.
- The largest Churchill Capital Corp II buyer in Q2 2020 was Man Group, an estimated $3.33M added.
- The largest Churchill Capital Corp II seller in Q2 2020 was Schonfeld Strategic Advisors, an estimated $25.9M sold.
Based on aggregated 13F filings for Q2 2020.