Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
CLAS.U
CLAS.U was delisted on the 15th of December, 2022.
36 hedge funds and large institutions have $55.1M invested in Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 16 closing their positions.
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
23% less funds holding
Funds holding: 47 → 36 (-11)
40% less capital invested
Capital invested by funds: $91.8M → $55.1M (-$36.8M)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Top Buyers
Top Sellers
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.03M |
| 2 |
KC
Kepos Capital
New York
|
-$5.76M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.32M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$2.86M |
| 5 |
WIC
Water Island Capital
New York
|
-$1.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DIG
51
DeepCurrents Investment Group
New York
| – | -$99K | -10,000 | Closed |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$10K | -1,000 | Closed |
|
CLAS.U Hedge Fund Activity: Q2 2021 in Review
36 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (CLAS.U) for Q2 2021, worth a combined $55.1M — down 40% from $91.8M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CLAS.U and 6 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Picton Mahoney Asset Management, opening a new position worth an estimated $2M. The largest seller was Periscope Capital, cutting an estimated $6.03M.
- 36 institutional investors held Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (CLAS.U) as of Q2 2021, down from 47 in Q1 2021.
- Funds reported $55.1M of Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q2 2021, down 40% quarter-over-quarter.
- 6 funds opened new Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q2 2021 and 16 closed out, a net change of -10 holders.
- The largest Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q2 2021 was Picton Mahoney Asset Management, an estimated $2M added.
- The largest Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q2 2021 was Periscope Capital, an estimated $6.03M sold.
Based on aggregated 13F filings for Q2 2021.