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EPWR.U

Empowerment & Inclusion Capital I Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant

Delisted

EPWR.U was delisted on the 13th of December, 2022.

23 hedge funds and large institutions have $28.6M 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 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 2423 (-1)

20% less capital invested

Capital invested by funds: $35.6M → $28.6M (-$7.05M)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
23
Holders Change
-1
Holders Change %
-4.17%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Steadfast Capital Management
New York
$7.88M
PNC Financial Services Group
2
PNC Financial Services Group
Pennsylvania
$7.38M
BCM
3
Basso Capital Management
Connecticut
$4.05M
JG
4
Jefferies Group
New York
$2.46M
TAL
5
TIG Advisors LLC
New York
$1.92M -$641K -65,098 -25%
HF
6
HRT Financial
New York
$984K
BCL
7
Bracebridge Capital LLC
Massachusetts
$906K
Walleye Capital
8
Walleye Capital
New York
$604K
Walleye Trading
9
Walleye Trading
New York
$394K
WC
10
Wealthspring Capital
New York
$386K -$9.62K -977 -2%
SIA
11
Schechter Investment Advisors
Michigan
$292K -$266 -27 -0.1%
Calamos Advisors
12
Calamos Advisors
Illinois
$260K
VF
13
Virtu Financial
New York
$225K +$225K +22,853 New
UBS Group
14
UBS Group
Switzerland
$195K
CS
15
Clear Street
New York
$148K +$148K +15,047 +125,392%
LCM
16
Landscape Capital Management
New Jersey
$124K +$8.86K +900 +8%
WAM
17
Wolverine Asset Management
Illinois
$109K +$19.7K +2,000 +22%
CSS
18
Cubist Systematic Strategies
Connecticut
$108K +$108K +11,012 New
SMC
19
Smith, Moore & Co
Missouri
$99K
Morgan Stanley
20
Morgan Stanley
New York
$33K -$30.5K -3,100 -48%
GCL
21
Glazer Capital LLC
New York
$18K +$16.8K +1,702 +1,685%
Osaic Holdings
22
Osaic Holdings
Arizona
$10K
MF
23
Magnetar Financial
Illinois
$3.1K -$1.39M -141,184 -31%
FTCM
24
First Trust Capital Management
Illinois
-$1.9M -191,998 Closed
OCAM
25
Owl Creek Asset Management
New York
-$396K -40,000 Closed

EPWR.U Hedge Fund Activity: Q2 2022 in Review

23 of the 5,936 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 2022, worth a combined $28.6M — down 20% from $35.6M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of EPWR.U and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $225K. The largest seller was First Trust Capital Management, exiting entirely with an estimated $1.9M sold.

  • 23 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 2022, down from 24 in Q1 2022.
  • Funds reported $28.6M 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 Q2 2022, down 20% quarter-over-quarter.
  • 2 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 2022 and 3 closed out, a net change of -1 holder.
  • 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 2022 was Virtu Financial, an estimated $225K 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 2022 was First Trust Capital Management, an estimated $1.9M sold.

Based on aggregated 13F filings for Q2 2022.