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.
36 hedge funds and large institutions have $81.5M 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 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 14 closing their positions.
22% less funds holding
Funds holding: 46 → 36 (-10)
34% less capital invested
Capital invested by funds: $124M → $81.5M (-$42.1M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.61M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$998K |
| 3 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
+$918K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$435K |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$13.3M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$11.8M |
| 3 |
KC
Kepos Capital
New York
|
-$6.59M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$3.49M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.96M |
EPWR.U Hedge Fund Activity: Q2 2021 in Review
36 of the 5,767 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 Q2 2021, worth a combined $81.5M — down 34% from $124M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EPWR.U and 5 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Virtu Financial, adding an estimated $1.61M. The largest seller was Glazer Capital LLC, cutting an estimated $13.3M.
- 36 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 Q2 2021, down from 46 in Q1 2021.
- Funds reported $81.5M 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 Q2 2021, down 34% quarter-over-quarter.
- 5 funds 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 Q2 2021 and 14 closed out, a net change of -9 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 Q2 2021 was Virtu Financial, an estimated $1.61M 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 Q2 2021 was Glazer Capital LLC, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2021.