CIIG Merger Corp. Units
CIICU
CIICU was delisted on the 24th of March, 2021.
30 hedge funds and large institutions have $108M invested in CIIG Merger Corp. Units in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 6 closing their positions.
3% less funds holding
Funds holding: 31 → 30 (-1)
10% less capital invested
Capital invested by funds: $120M → $108M (-$12.2M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$1.07M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$977K |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$524K |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$474K |
| 5 |
Blackstone Inc
New York
|
+$10K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Omni Partners
London,
United Kingdom
|
-$7.57M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.02M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.22M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.96M |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.47M |
CIICU Hedge Fund Activity: Q2 2020 in Review
30 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in CIIG Merger Corp. Units (CIICU) for Q2 2020, worth a combined $108M — down 10% from $120M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CIICU and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 4 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $1.07M. The largest seller was Omni Partners, exiting entirely with an estimated $7.57M sold.
- 30 institutional investors held CIIG Merger Corp. Units (CIICU) as of Q2 2020, down from 31 in Q1 2020.
- Funds reported $108M of CIIG Merger Corp. Units stock for Q2 2020, down 10% quarter-over-quarter.
- 5 funds opened new CIIG Merger Corp. Units positions in Q2 2020 and 6 closed out, a net change of -1 holder.
- The largest CIIG Merger Corp. Units buyer in Q2 2020 was Castle Creek Arbitrage, an estimated $1.07M added.
- The largest CIIG Merger Corp. Units seller in Q2 2020 was Omni Partners, an estimated $7.57M sold.
Based on aggregated 13F filings for Q2 2020.