Electric Last Mile Solutions, Inc. Class A Common stock
ELMS
ELMS was delisted on the 22nd of June, 2022.
67 hedge funds and large institutions have $96.7M invested in Electric Last Mile Solutions, Inc. Class A Common stock in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 25 closing their positions.
64% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 25
34% more call options, than puts
Call options by funds: $7.63M | Put options by funds: $5.68M
31% more funds holding
Funds holding: 51 → 67 (+16)
34% less capital invested
Capital invested by funds: $146M → $96.7M (-$49.7M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$9.2M |
| 2 |
TCM
Tenor Capital Management
New York
|
+$6.45M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.06M |
| 4 |
CM
Corvex Management
New York
|
+$5.66M |
| 5 |
AC
Athanor Capital
New York
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$13.5M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$12.2M |
| 3 |
Millennium Management
New York
|
-$8.92M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$8.67M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$8.61M |
ELMS Hedge Fund Activity: Q1 2021 in Review
67 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Electric Last Mile Solutions, Inc. Class A Common stock (ELMS) for Q1 2021, worth a combined $96.7M — down 34% from $146M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ELMS positions and 25 closed out — a net gain of 16 holders — while 7 added to existing stakes and 14 trimmed.
The largest buyer was BNP Paribas Asset Management, adding an estimated $9.2M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $13.5M sold.
- 67 institutional investors held Electric Last Mile Solutions, Inc. Class A Common stock (ELMS) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $96.7M of Electric Last Mile Solutions, Inc. Class A Common stock stock for Q1 2021, down 34% quarter-over-quarter.
- 41 funds opened new Electric Last Mile Solutions, Inc. Class A Common stock positions in Q1 2021 and 25 closed out, a net change of +16 holders.
- The largest Electric Last Mile Solutions, Inc. Class A Common stock buyer in Q1 2021 was BNP Paribas Asset Management, an estimated $9.2M added.
- The largest Electric Last Mile Solutions, Inc. Class A Common stock seller in Q1 2021 was Polar Asset Management Partners, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2021.