Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
CRU.U
CRU.U was delisted on the 30th of November, 2022.
32 hedge funds and large institutions have $17M invested in Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 17 closing their positions.
33% less funds holding
Funds holding: 48 → 32 (-16)
62% less capital invested
Capital invested by funds: $45.2M → $17M (-$28.2M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
94% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$218K |
| 2 |
VF
Virtu Financial
New York
|
+$112K |
| 3 |
HF
HRT Financial
New York
|
+$8.01K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.82M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$5.21M |
| 3 |
CCM
Cinctive Capital Management
New York
|
-$4.82M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$3.9M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$1.15M |
CRU.U Hedge Fund Activity: Q2 2021 in Review
32 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (CRU.U) for Q2 2021, worth a combined $17M — down 62% from $45.2M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CRU.U and 1 opened new positions — a net loss of 16 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Glazer Capital LLC, adding an estimated $218K. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $7.82M sold.
- 32 institutional investors held Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (CRU.U) as of Q2 2021, down from 48 in Q1 2021.
- Funds reported $17M of Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q2 2021, down 62% quarter-over-quarter.
- 1 fund opened new Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q2 2021 and 17 closed out, a net change of -16 holders.
- The largest Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q2 2021 was Glazer Capital LLC, an estimated $218K added.
- The largest Crucible Acquisition Corporation Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q2 2021 was BlueCrest Capital Management, an estimated $7.82M sold.
Based on aggregated 13F filings for Q2 2021.