Endurance Acquisition Corp. Unit
EDNCU
EDNCU was delisted on the 24th of October, 2022.
13 hedge funds and large institutions have $46.7M invested in Endurance Acquisition Corp. Unit in 2021 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 24 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
64% less funds holding
Funds holding: 36 → 13 (-23)
75% less capital invested
Capital invested by funds: $187M → $46.7M (-$140M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$440K |
| 2 |
Millennium Management
New York
|
+$39.9K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$19.7M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$19.7M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$19.7M |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$14.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AQR Arbitrage
Greenwich,
Connecticut
| – | -$1.99M | -199,592 | Closed |
|
|
OCM
27
Oaktree Capital Management
Los Angeles,
California
| – | -$1.49M | -150,000 | Closed |
|
|
WA
28
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.49M | -150,000 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$994K | -100,000 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$824K | -82,946 | Closed |
|
|
EAM
31
Exos Asset Management
New York
| – | -$398K | -40,000 | Closed |
|
|
AA
32
Ancora Advisors
Cleveland,
Ohio
| – | -$254K | -25,522 | Closed |
|
|
SSA
33
Schonfeld Strategic Advisors
New York
| – | -$249K | -25,000 | Closed |
|
34
HighTower Advisors
Chicago,
Illinois
| – | -$159K | -16,000 | Closed |
|
|
VF
35
Virtu Financial
New York
| – | -$106K | -10,701 | Closed |
|
|
GCL
36
Glazer Capital LLC
New York
| – | -$16K | -1,602 | Closed |
|
|
HCM
37
Highbridge Capital Management
New York
| – | -$14K | -1,432 | Closed |
|
EDNCU Hedge Fund Activity: Q4 2021 in Review
13 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Endurance Acquisition Corp. Unit (EDNCU) for Q4 2021, worth a combined $46.7M — down 75% from $187M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of EDNCU and 1 opened new positions — a net loss of 23 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $440K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $19.7M sold.
- 13 institutional investors held Endurance Acquisition Corp. Unit (EDNCU) as of Q4 2021, down from 36 in Q3 2021.
- Funds reported $46.7M of Endurance Acquisition Corp. Unit stock for Q4 2021, down 75% quarter-over-quarter.
- 1 fund opened new Endurance Acquisition Corp. Unit positions in Q4 2021 and 24 closed out, a net change of -23 holders.
- The largest Endurance Acquisition Corp. Unit buyer in Q4 2021 was Cubist Systematic Strategies, an estimated $440K added.
- The largest Endurance Acquisition Corp. Unit seller in Q4 2021 was Polar Asset Management Partners, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2021.