Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant
ENPC.U
ENPC.U was delisted on the 17th of October, 2022.
28 hedge funds and large institutions have $155M invested in Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 29 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
43% less funds holding
Funds holding: 49 → 28 (-21)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
60% less capital invested
Capital invested by funds: $392M → $155M (-$236M)
72% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$2.83M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.5M |
| 3 |
VF
Virtu Financial
New York
|
+$1.85M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.74M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
-$32.8M |
| 2 |
Millennium Management
New York
|
-$23M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$13.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$12.7M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.6M |
ENPC.U Hedge Fund Activity: Q4 2020 in Review
28 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant (ENPC.U) for Q4 2020, worth a combined $155M — down 60% from $392M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ENPC.U and 8 opened new positions — a net loss of 21 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Cowen Investment Management, opening a new position worth an estimated $2.83M. The largest seller was Owl Creek Asset Management, exiting entirely with an estimated $32.8M sold.
- 28 institutional investors held Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant (ENPC.U) as of Q4 2020, down from 49 in Q3 2020.
- Funds reported $155M of Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant stock for Q4 2020, down 60% quarter-over-quarter.
- 8 funds opened new Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant positions in Q4 2020 and 29 closed out, a net change of -21 holders.
- The largest Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant buyer in Q4 2020 was Cowen Investment Management, an estimated $2.83M added.
- The largest Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant seller in Q4 2020 was Owl Creek Asset Management, an estimated $32.8M sold.
Based on aggregated 13F filings for Q4 2020.