Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa
EMPW.U
EMPW.U was delisted on the 16th of July, 2021.
10 hedge funds and large institutions have $25.1M invested in Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 35 closing their positions.
77% less funds holding
Funds holding: 44 → 10 (-34)
83% less capital invested
Capital invested by funds: $144M → $25.1M (-$119M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
97% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 35
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$429K |
| 2 |
Citigroup
New York
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$21.3M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$13.8M |
| 3 |
SC
Sculptor Capital
New York
|
-$12M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.6M |
| 5 |
Millennium Management
New York
|
-$10.5M |
EMPW.U Hedge Fund Activity: Q1 2021 in Review
10 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa (EMPW.U) for Q1 2021, worth a combined $25.1M — down 83% from $144M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of EMPW.U and 1 opened new positions — a net loss of 34 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, adding an estimated $429K. The largest seller was Arena Capital Advisors, exiting entirely with an estimated $21.3M sold.
- 10 institutional investors held Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa (EMPW.U) as of Q1 2021, down from 44 in Q4 2020.
- Funds reported $25.1M of Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa stock for Q1 2021, down 83% quarter-over-quarter.
- 1 fund opened new Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa positions in Q1 2021 and 35 closed out, a net change of -34 holders.
- The largest Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa buyer in Q1 2021 was Virtu Financial, an estimated $429K added.
- The largest Empower Ltd. Units, each consisting of one Class A ordinary share and one-third of one redeemable wa seller in Q1 2021 was Arena Capital Advisors, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2021.