EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
EGGF.U
EGGF.U was delisted on the 27th of December, 2023.
18 hedge funds and large institutions have $39.7M invested in EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 8 closing their positions.
14% less funds holding
Funds holding: 21 → 18 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
39% less capital invested
Capital invested by funds: $64.8M → $39.7M (-$25.2M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
+$2.23M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.12M |
| 3 |
RA
Ramius Advisors
New York
|
+$446K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$9.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$10.9M |
| 2 |
KC
Kepos Capital
New York
|
-$5.2M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.22M |
| 4 |
PC
PointState Capital
New York
|
-$3.21M |
| 5 |
ICM
III Capital Management
Boca Raton,
Florida
|
-$2.21M |
EGGF.U Hedge Fund Activity: Q4 2021 in Review
18 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (EGGF.U) for Q4 2021, worth a combined $39.7M — down 39% from $64.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EGGF.U and 6 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 0 added.
The largest buyer was Calamos Advisors, opening a new position worth an estimated $2.23M. The largest seller was Third Point, exiting entirely with an estimated $10.9M sold.
- 18 institutional investors held EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (EGGF.U) as of Q4 2021, down from 21 in Q3 2021.
- Funds reported $39.7M of EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q4 2021, down 39% quarter-over-quarter.
- 6 funds opened new EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q4 2021 and 8 closed out, a net change of -2 holders.
- The largest EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q4 2021 was Calamos Advisors, an estimated $2.23M added.
- The largest EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q4 2021 was Third Point, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2021.