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 $27.3M 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
25% less capital invested
Capital invested by funds: $36.4M → $27.3M (-$9.09M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$13.8M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.92K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$17.5M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.29M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$929K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.03K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $22M | +$13.8M | +1,406,383 | +170% |
|
2
Calamos Advisors
Naperville,
Illinois
| $2.22M | – | – | – |
|
|
WAMC
3
Western Asset Management Company
Pasadena,
California
| $770K | – | – | – |
|
|
SFM
4
Spartan Fund Management
Toronto, Ontario,
Canada
| $739K | – | – | – |
|
|
PC
5
PointState Capital
New York
| $539K | -$17.5M | -1,778,853 | -97% |
|
|
SSA
6
Schonfeld Strategic Advisors
New York
| $329K | – | – | – |
|
|
ICM
7
III Capital Management
Boca Raton,
Florida
| $274K | – | – | – |
|
8
Walleye Capital
New York
| $176K | – | – | – |
|
9
Walleye Trading
New York
| $176K | – | – | – |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | -$3.03K | -308 | -11% |
|
11
UBS Group
Zurich,
Switzerland
| $9K | – | – | – |
|
|
12
Osaic Holdings
Scottsdale,
Arizona
| $5K | +$4.92K | +500 | New |
|
|
MF
13
Magnetar Financial
Evanston,
Illinois
| $3.24K | -$929K | -94,398 | -22% |
|
|
WAM
14
Wolverine Asset Management
Chicago,
Illinois
| $2K | +$1.64K | +167 | +246% |
|
|
15
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.29M | -131,899 | Closed |
|
EGGF.U Hedge Fund Activity: Q2 2022 in Review
14 of the 5,937 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 Q2 2022, worth a combined $27.3M — down 25% from $36.4M a quarter earlier.
Fund positioning in EGGF.U was balanced in Q2 2022: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was HGC Investment Management, adding an estimated $13.8M. The largest seller was PointState Capital, cutting an estimated $17.5M.
- 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 Q2 2022, unchanged from Q1 2022.
- Funds reported $27.3M of EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q2 2022, down 25% quarter-over-quarter.
- 1 fund 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 Q2 2022 and 1 closed out, a net change of 0 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 Q2 2022 was HGC Investment Management, an estimated $13.8M 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 Q2 2022 was PointState Capital, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2022.