Churchill Capital Corp VII Units
CVIIU
CVIIU was delisted on the 16th of August, 2024.
7 hedge funds and large institutions have $2.21M invested in Churchill Capital Corp VII Units in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 12 closing their positions.
59% less funds holding
Funds holding: 17 → 7 (-10)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
88% less capital invested
Capital invested by funds: $19.2M → $2.21M (-$17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$537K |
| 2 |
PCM
Prelude Capital Management
New York
|
+$205K |
| 3 |
CS
Clear Street
New York
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$8.68M |
| 2 |
Millennium Management
New York
|
-$3.26M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.67M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.08M |
| 5 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$1.01M |
CVIIU Hedge Fund Activity: Q2 2023 in Review
7 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp VII Units (CVIIU) for Q2 2023, worth a combined $2.21M — down 88% from $19.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CVIIU and 2 opened new positions — a net loss of 10 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $537K. The largest seller was Sandia Investment Management, exiting entirely with an estimated $8.68M sold.
- 7 institutional investors held Churchill Capital Corp VII Units (CVIIU) as of Q2 2023, down from 17 in Q1 2023.
- Funds reported $2.21M of Churchill Capital Corp VII Units stock for Q2 2023, down 88% quarter-over-quarter.
- 2 funds opened new Churchill Capital Corp VII Units positions in Q2 2023 and 12 closed out, a net change of -10 holders.
- The largest Churchill Capital Corp VII Units buyer in Q2 2023 was Rivernorth Capital Management, an estimated $537K added.
- The largest Churchill Capital Corp VII Units seller in Q2 2023 was Sandia Investment Management, an estimated $8.68M sold.
Based on aggregated 13F filings for Q2 2023.