Churchill Capital Corp II
CCX.U
CCX.U was delisted on the 11th of June, 2021.
8 hedge funds and large institutions have $31.6M invested in Churchill Capital Corp II in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 4 reducing their positions, and 8 closing their positions.
38% less funds holding
Funds holding: 13 → 8 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
78% less capital invested
Capital invested by funds: $142M → $31.6M (-$110M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$6.17M |
| 2 |
VF
Virtu Financial
New York
|
+$746K |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$57.6M |
| 2 |
BC
Brahman Capital
New York
|
-$23.1M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$10.6M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.78M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$7.25M |
CCX.U Hedge Fund Activity: Q4 2020 in Review
8 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp II (CCX.U) for Q4 2020, worth a combined $31.6M — down 78% from $142M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CCX.U and 3 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $6.17M. The largest seller was Magnetar Financial, exiting entirely with an estimated $57.6M sold.
- 8 institutional investors held Churchill Capital Corp II (CCX.U) as of Q4 2020, down from 13 in Q3 2020.
- Funds reported $31.6M of Churchill Capital Corp II stock for Q4 2020, down 78% quarter-over-quarter.
- 3 funds opened new Churchill Capital Corp II positions in Q4 2020 and 8 closed out, a net change of -5 holders.
- The largest Churchill Capital Corp II buyer in Q4 2020 was Corsair Capital Management, an estimated $6.17M added.
- The largest Churchill Capital Corp II seller in Q4 2020 was Magnetar Financial, an estimated $57.6M sold.
Based on aggregated 13F filings for Q4 2020.