CIIG Merger Corp. - Class A Common Stock
CIIC
CIIC was delisted on the 24th of March, 2021.
48 hedge funds and large institutions have $170M invested in CIIG Merger Corp. - Class A Common Stock in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
48% more capital invested
Capital invested by funds: $115M → $170M (+$55.1M)
41% more funds holding
Funds holding: 34 → 48 (+14)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$7.05M |
| 3 |
Goldman Sachs
New York
|
+$5.6M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$5.48M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
-$7.92M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.42M |
| 3 |
JG
Jefferies Group
New York
|
-$1.77M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.18M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$956K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$354K | -35,756 | Closed |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -311 | Closed |
|
CIIC Hedge Fund Activity: Q3 2020 in Review
48 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in CIIG Merger Corp. - Class A Common Stock (CIIC) for Q3 2020, worth a combined $170M — up 48% from $115M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CIIC positions and 4 closed out — a net gain of 14 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $19.5M. The largest seller was Owl Creek Asset Management, exiting entirely with an estimated $7.92M sold.
- 48 institutional investors held CIIG Merger Corp. - Class A Common Stock (CIIC) as of Q3 2020, up from 34 in Q2 2020.
- Funds reported $170M of CIIG Merger Corp. - Class A Common Stock stock for Q3 2020, up 48% quarter-over-quarter.
- 18 funds opened new CIIG Merger Corp. - Class A Common Stock positions in Q3 2020 and 4 closed out, a net change of +14 holders.
- The largest CIIG Merger Corp. - Class A Common Stock buyer in Q3 2020 was BlackRock, an estimated $19.5M added.
- The largest CIIG Merger Corp. - Class A Common Stock seller in Q3 2020 was Owl Creek Asset Management, an estimated $7.92M sold.
Based on aggregated 13F filings for Q3 2020.