Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
EPWR.U
EPWR.U was delisted on the 13th of December, 2022.
24 hedge funds and large institutions have $35.6M invested in Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 7 closing their positions.
16% less capital invested
Capital invested by funds: $42.5M → $35.6M (-$6.84M)
20% less funds holding
Funds holding: 30 → 24 (-6)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.65M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$37.7K |
| 3 |
Walleye Capital
New York
|
+$12.9K |
| 4 |
CS
Clear Street
New York
|
+$119 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.96M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$2.87M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$1.98M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$991K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$991K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SHCM
26
Sachem Head Capital Management
New York
| – | -$1.98M | -200,000 | Closed |
|
|
AA
27
AQR Arbitrage
Greenwich,
Connecticut
| – | -$991K | -100,000 | Closed |
|
|
PC
28
Periscope Capital
Toronto,
Ontario, Canada
| – | -$991K | -100,000 | Closed |
|
|
VF
29
Virtu Financial
New York
| – | -$132K | -13,279 | Closed |
|
30
Rockefeller Capital Management
New York
| – | -$39K | -4,000 | Closed |
|
|
CS
31
Clear Street
New York
| – | +$119 | +12 | New |
|
EPWR.U Hedge Fund Activity: Q1 2022 in Review
24 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (EPWR.U) for Q1 2022, worth a combined $35.6M — down 16% from $42.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EPWR.U and 1 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was PNC Financial Services Group, adding an estimated $4.65M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $3.96M sold.
- 24 institutional investors held Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (EPWR.U) as of Q1 2022, down from 30 in Q4 2021.
- Funds reported $35.6M of Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2022, down 16% quarter-over-quarter.
- 1 fund opened new Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q1 2022 and 7 closed out, a net change of -6 holders.
- The largest Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q1 2022 was PNC Financial Services Group, an estimated $4.65M added.
- The largest Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q1 2022 was JP Morgan Chase, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2022.