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.
6 hedge funds and large institutions have $1.25M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 8 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
54% less funds holding
Funds holding: 13 → 6 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
93% less capital invested
Capital invested by funds: $18.5M → $1.25M (-$17.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$87.8K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$991 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$13.8M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$2.21M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$738K |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$329K |
| 5 |
ICM
III Capital Management
Boca Raton,
Florida
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAMC
1
Western Asset Management Company
Pasadena,
California
| $798K | – | – | – |
|
2
Walleye Trading
New York
| $176K | – | – | – |
|
3
Walleye Capital
New York
| $176K | – | – | – |
|
|
GCL
4
Glazer Capital LLC
New York
| $89K | +$87.8K | +8,853 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $10.3K | +$991 | +100 | +11% |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $3K | -$1.98K | -200 | -40% |
|
|
HIM
7
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$13.8M | -1,406,383 | Closed |
|
|
8
Calamos Advisors
Naperville,
Illinois
| – | -$2.21M | -225,000 | Closed |
|
|
SFM
9
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$738K | -75,000 | Closed |
|
|
SSA
10
Schonfeld Strategic Advisors
New York
| – | -$329K | -33,436 | Closed |
|
|
ICM
11
III Capital Management
Boca Raton,
Florida
| – | -$270K | -27,597 | Closed |
|
|
CS
12
Clear Street
New York
| – | -$27K | -2,715 | Closed |
|
13
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$15K | -1,548 | Closed |
|
|
WAM
14
Wolverine Asset Management
Chicago,
Illinois
| – | -$7K | -761 | Closed |
|
EGGF.U Hedge Fund Activity: Q4 2022 in Review
6 of the 6,222 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 2022, worth a combined $1.25M — down 93% from $18.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EGGF.U and 1 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $87.8K. The largest seller was HGC Investment Management, exiting entirely with an estimated $13.8M sold.
- 6 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 2022, down from 13 in Q3 2022.
- Funds reported $1.25M 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 2022, down 93% 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 Q4 2022 and 8 closed out, a net change of -7 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 2022 was Glazer Capital LLC, an estimated $87.8K 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 2022 was HGC Investment Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2022.