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.
14 hedge funds and large institutions have $36.4M invested in EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 4 reducing their positions, and 6 closing their positions.
6% less capital invested
Capital invested by funds: $38.6M → $36.4M (-$2.17M)
18% less funds holding
Funds holding: 17 → 14 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.3M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$669 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kryger Capital
London,
United Kingdom
|
-$1.89M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$743K |
| 3 |
RA
Ramius Advisors
New York
|
-$446K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$348K |
| 5 |
PC
PointState Capital
New York
|
-$289K |
EGGF.U Hedge Fund Activity: Q1 2022 in Review
14 of the 6,341 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 Q1 2022, worth a combined $36.4M — down 5.6% from $38.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EGGF.U and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $1.3M. The largest seller was Kryger Capital, exiting entirely with an estimated $1.89M sold.
- 14 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 Q1 2022, down from 17 in Q4 2021.
- Funds reported $36.4M of EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q1 2022, down 5.6% quarter-over-quarter.
- 3 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 Q1 2022 and 6 closed out, a net change of -3 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 Q1 2022 was Parallax Volatility Advisers, an estimated $1.3M 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 Q1 2022 was Kryger Capital, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2022.