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.
19 hedge funds and large institutions have $24.5M 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 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
17% less funds holding
Funds holding: 23 → 19 (-4)
23% less capital invested
Capital invested by funds: $31.7M → $24.5M (-$7.2M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$273K |
| 2 |
Morgan Stanley
New York
|
+$216K |
| 3 |
Jane Street
New York
|
+$101K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$18.1K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$13.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$4.05M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.1M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$260K |
| 4 |
VF
Virtu Financial
New York
|
-$225K |
| 5 |
CS
Clear Street
New York
|
-$132K |
EPWR.U Hedge Fund Activity: Q3 2022 in Review
19 of the 5,828 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 Q3 2022, worth a combined $24.5M — down 23% from $31.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EPWR.U and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $273K. The largest seller was Basso Capital Management, exiting entirely with an estimated $4.05M sold.
- 19 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 Q3 2022, down from 23 in Q2 2022.
- Funds reported $24.5M 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 Q3 2022, down 23% 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 Q3 2022 and 5 closed out, a net change of -4 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 Q3 2022 was Cubist Systematic Strategies, an estimated $273K 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 Q3 2022 was Basso Capital Management, an estimated $4.05M sold.
Based on aggregated 13F filings for Q3 2022.