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.
13 hedge funds and large institutions have $18.5M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
7% less funds holding
Funds holding: 14 → 13 (-1)
32% less capital invested
Capital invested by funds: $27.3M → $18.5M (-$8.79M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$26.7K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8.1M |
| 2 |
PC
PointState Capital
New York
|
-$539K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.82K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.24K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $13.8M | -$8.1M | -825,000 | -37% |
|
2
Calamos Advisors
Naperville,
Illinois
| $2.21M | – | – | – |
|
|
WAMC
3
Western Asset Management Company
Pasadena,
California
| $768K | – | – | – |
|
|
SFM
4
Spartan Fund Management
Toronto, Ontario,
Canada
| $738K | – | – | – |
|
|
SSA
5
Schonfeld Strategic Advisors
New York
| $329K | – | – | – |
|
|
ICM
6
III Capital Management
Boca Raton,
Florida
| $270K | – | – | – |
|
7
Walleye Trading
New York
| $174K | – | – | – |
|
8
Walleye Capital
New York
| $173K | – | – | – |
|
|
CS
9
Clear Street
New York
| $27K | +$26.7K | +2,715 | New |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $15K | -$9.82K | -1,000 | -39% |
|
11
UBS Group
Zurich,
Switzerland
| $9K | – | – | – |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| $7K | +$5.16K | +526 | +224% |
|
13
Osaic Holdings
Scottsdale,
Arizona
| $5K | – | – | – |
|
|
MF
14
Magnetar Financial
Evanston,
Illinois
| – | -$3.24K | -329,102 | Closed |
|
|
PC
15
PointState Capital
New York
| – | -$539K | -54,326 | Closed |
|
EGGF.U Hedge Fund Activity: Q3 2022 in Review
13 of the 5,806 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 Q3 2022, worth a combined $18.5M — down 32% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of EGGF.U and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $26.7K. The largest seller was HGC Investment Management, cutting an estimated $8.1M.
- 13 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 Q3 2022, down from 14 in Q2 2022.
- Funds reported $18.5M of EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q3 2022, down 32% 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 Q3 2022 and 2 closed out, a net change of -1 holder.
- 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 Q3 2022 was Clear Street, an estimated $26.7K 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 Q3 2022 was HGC Investment Management, an estimated $8.1M sold.
Based on aggregated 13F filings for Q3 2022.