East Resources Acquisition Company Unit
ERESU
ERESU was delisted on the 30th of June, 2023.
26 hedge funds and large institutions have $69M invested in East Resources Acquisition Company Unit in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 6 closing their positions.
10% less funds holding
Funds holding: 29 → 26 (-3)
31% less capital invested
Capital invested by funds: $100M → $69M (-$31.2M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$10.2M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$10.2M |
| 3 |
VF
Virtu Financial
New York
|
+$344K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$28.8K |
| 5 |
ClearBridge Investments
New York
|
+$9.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
SCHF (GPE)
Wilson,
Wyoming
|
-$50.7M |
| 2 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$615K |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$597K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$393K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$314K |
ERESU Hedge Fund Activity: Q2 2021 in Review
26 institutional investors reported a position in East Resources Acquisition Company Unit (ERESU) for Q2 2021, worth a combined $69M — down 31% from $100M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ERESU and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Alberta Investment Management Corp (AIMCo), opening a new position worth an estimated $10.2M. The largest seller was SCHF (GPE), exiting entirely with an estimated $50.7M sold.
- 26 institutional investors held East Resources Acquisition Company Unit (ERESU) as of Q2 2021, down from 29 in Q1 2021.
- Funds reported $69M of East Resources Acquisition Company Unit stock for Q2 2021, down 31% quarter-over-quarter.
- 3 funds opened new East Resources Acquisition Company Unit positions in Q2 2021 and 6 closed out, a net change of -3 holders.
- The largest East Resources Acquisition Company Unit buyer in Q2 2021 was Alberta Investment Management Corp (AIMCo), an estimated $10.2M added.
- The largest East Resources Acquisition Company Unit seller in Q2 2021 was SCHF (GPE), an estimated $50.7M sold.
Based on aggregated 13F filings for Q2 2021.