Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant
DWIN.U
DWIN.U was delisted on the 15th of September, 2022.
31 hedge funds and large institutions have $63M invested in Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 38 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
48% less funds holding
Funds holding: 60 → 31 (-29)
66% less capital invested
Capital invested by funds: $188M → $63M (-$125M)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
76% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.46M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$908K |
| 3 |
CAC
Cowen and Company
New York
|
+$635K |
| 4 |
JP Morgan Chase
New York
|
+$499K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$15M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$10.2M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$9.44M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$7M |
| 5 |
LA
Linden Advisors
New York
|
-$6.12M |
DWIN.U Hedge Fund Activity: Q1 2021 in Review
31 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant (DWIN.U) for Q1 2021, worth a combined $63M — down 66% from $188M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of DWIN.U and 9 opened new positions — a net loss of 29 holders — while 11 trimmed existing stakes and 3 added.
The largest buyer was Royal Bank of Canada, opening a new position worth an estimated $1.46M. The largest seller was Citadel Advisors, exiting entirely with an estimated $15M sold.
- 31 institutional investors held Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant (DWIN.U) as of Q1 2021, down from 60 in Q4 2020.
- Funds reported $63M of Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant stock for Q1 2021, down 66% quarter-over-quarter.
- 9 funds opened new Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant positions in Q1 2021 and 38 closed out, a net change of -29 holders.
- The largest Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant buyer in Q1 2021 was Royal Bank of Canada, an estimated $1.46M added.
- The largest Delwinds Insurance Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant seller in Q1 2021 was Citadel Advisors, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2021.