Churchill Capital Corp VII Units
CVIIU
CVIIU was delisted on the 16th of August, 2024.
50 hedge funds and large institutions have $176M invested in Churchill Capital Corp VII Units in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 15 closing their positions.
15% less capital invested
Capital invested by funds: $206M → $176M (-$30M)
17% less funds holding
Funds holding: 60 → 50 (-10)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$604K |
| 3 |
SG
StoneX Group
New York
|
+$197K |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$197K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$4.74M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.44M |
| 3 |
Millennium Management
New York
|
-$3.95M |
| 4 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$3.5M |
| 5 |
BGC
Birch Grove Capital
New York
|
-$3.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRF
51
Silver Rock Financial
Los Angeles,
California
| – | -$3.5M | -350,000 | Closed |
|
|
PSAMP
52
P. Schoenfeld Asset Management (PSAM)
New York
| – | -$2.93M | -292,735 | Closed |
|
53
Citigroup
New York
| – | -$2M | -200,000 | Closed |
|
|
QGA
54
Q Global Advisors
Fort Worth,
Texas
| – | -$1.2M | -120,000 | Closed |
|
|
CC
55
Centiva Capital
New York
| – | -$985K | -98,333 | Closed |
|
56
Nomura Holdings
Tokyo,
Japan
| – | -$752K | -75,100 | Closed |
|
57
Point72 Asset Management
Stamford,
Connecticut
| – | -$752K | -75,000 | Closed |
|
|
CF
58
Cantor Fitzgerald
New York
| – | -$492K | -49,136 | Closed |
|
|
FTUS
59
Flow Traders U.S.
New York
| – | -$238K | -23,754 | Closed |
|
60
Citadel Advisors
Miami,
Florida
| – | -$135K | -13,454 | Closed |
|
61
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$100K | -10,000 | Closed |
|
62
Wells Fargo
San Francisco,
California
| – | -$50K | -5,000 | Closed |
|
|
AA
63
Ancora Advisors
Cleveland,
Ohio
| – | -$36K | -3,600 | Closed |
|
|
CS
64
Clear Street
New York
| – | -$20K | -2,000 | Closed |
|
CVIIU Hedge Fund Activity: Q1 2022 in Review
50 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp VII Units (CVIIU) for Q1 2022, worth a combined $176M — down 15% from $206M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CVIIU and 5 opened new positions — a net loss of 10 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $4.74M sold.
- 50 institutional investors held Churchill Capital Corp VII Units (CVIIU) as of Q1 2022, down from 60 in Q4 2021.
- Funds reported $176M of Churchill Capital Corp VII Units stock for Q1 2022, down 15% quarter-over-quarter.
- 5 funds opened new Churchill Capital Corp VII Units positions in Q1 2022 and 15 closed out, a net change of -10 holders.
- The largest Churchill Capital Corp VII Units buyer in Q1 2022 was Rivernorth Capital Management, an estimated $2M added.
- The largest Churchill Capital Corp VII Units seller in Q1 2022 was Glazer Capital LLC, an estimated $4.74M sold.
Based on aggregated 13F filings for Q1 2022.