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CCXX.U

Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt

Delisted

CCXX.U was delisted on the 8th of October, 2020.

13 hedge funds and large institutions have $40.8M invested in Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 6 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% less funds holding

Funds holding: 5913 (-46)

94% less capital invested

Capital invested by funds: $657M → $40.8M (-$616M)

96% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 48

100% less funds holding in top 10

Funds holding in top 10: 90 (-9)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 6

Holders
13
Holders Change
-46
Holders Change %
-77.97%
% of All Funds
0.26%
Holding in Top 10
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-100%
% of All Funds
New
2
Increased
Reduced
6
Closed
48
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FCIM
1
Fairview Capital Investment Management
California
$11.6M
BCM
2
BlueCrest Capital Management
Jersey
$10.5M -$44.7M -3,893,040 -80%
BC
3
Brahman Capital
New York
$10.5M
BGC
4
Birch Grove Capital
New York
$3.15M
TCA
5
Taconic Capital Advisors
New York
$2.05M
VI
6
Vestcor Inc
New Brunswick, Canada
$1.98M
CAC
7
Cowen and Company
New York
$438K -$967K -84,260 -67%
KC
8
KCL Capital
New York
$210K -$57.4K -5,000 -20%
Walleye Capital
9
Walleye Capital
New York
$160K -$2.11M -183,893 -92%
MTCM
10
Mint Tower Capital Management
Netherlands
$143K +$156K +13,600 New
CCM
11
Clearfield Capital Management
New York
$110K +$120K +10,455 New
Millennium Management
12
Millennium Management
New York
$2.82K -$21.1M -1,834,283 -87%
TRCT
13
Tower Research Capital (TRC)
New York
$1K -$10.4K -907 -90%
MF
14
Magnetar Financial
Illinois
-$124M -10,970,688 Closed
HIM
15
HGC Investment Management
Ontario, Canada
-$62.6M -5,532,095 Closed
MI
16
MMCAP International
Cayman Islands
-$56.5M -5,000,000 Closed
AIMCA
17
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
-$46.4M -4,098,900 Closed
PAMP
18
Polar Asset Management Partners
Ontario, Canada
-$36.1M -3,190,000 Closed
DKCM
19
Davidson Kempner Capital Management
New York
-$29.7M -2,625,000 Closed
GCL
20
Glazer Capital LLC
New York
-$26.1M -2,303,488 Closed
PC
21
Periscope Capital
Ontario, Canada
-$21.9M -1,939,200 Closed
ECM
22
Element Capital Management
New York
-$21.5M -1,903,040 Closed
Blackstone Inc
23
Blackstone Inc
New York
-$19.8M -1,750,000 Closed
KC
24
Kepos Capital
New York
-$14M -1,235,000 Closed
JP Morgan Chase
25
JP Morgan Chase
New York
-$10.9M -964,376 Closed

CCXX.U Hedge Fund Activity: Q3 2020 in Review

13 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt (CCXX.U) for Q3 2020, worth a combined $40.8M — down 94% from $657M a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of CCXX.U and 2 opened new positions — a net loss of 46 holders — while 6 trimmed existing stakes and 0 added.

The largest buyer was Mint Tower Capital Management, opening a new position worth an estimated $156K. The largest seller was Magnetar Financial, exiting entirely with an estimated $124M sold.

  • 13 institutional investors held Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt (CCXX.U) as of Q3 2020, down from 59 in Q2 2020.
  • Funds reported $40.8M of Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt stock for Q3 2020, down 94% quarter-over-quarter.
  • 2 funds opened new Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt positions in Q3 2020 and 48 closed out, a net change of -46 holders.
  • The largest Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt buyer in Q3 2020 was Mint Tower Capital Management, an estimated $156K added.
  • The largest Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt seller in Q3 2020 was Magnetar Financial, an estimated $124M sold.

Based on aggregated 13F filings for Q3 2020.