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ESM.U

ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant

Delisted

ESM.U was delisted on the 9th of March, 2023.

39 hedge funds and large institutions have $54.3M invested in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% less funds holding

Funds holding: 4439 (-5)

41% less capital invested

Capital invested by funds: $91.7M → $54.3M (-$37.4M)

57% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 7

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
39
Holders Change
-5
Holders Change %
-11.36%
% of All Funds
0.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
3
Reduced
7
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VCM
26
Venator Capital Management
Ontario, Canada
$249K
Susquehanna International Group
27
Susquehanna International Group
Pennsylvania
$243K
ICM
28
III Capital Management
Florida
$187K -$560K -56,260 -75%
BFM
29
Boothbay Fund Management
New York
$166K
PCM
30
Prelude Capital Management
New York
$136K +$136K +13,660 New
LCM
31
Landscape Capital Management
New Jersey
$109K
AW
32
Avion Wealth
Texas
$99K
UBS Group
33
UBS Group
Switzerland
$15K +$5.5K +553 +61%
CCM
34
Condor Capital Management
New Jersey
$6K
FPA
35
First Pacific Advisors
California
$2K
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$1K -$2.37K -238 -70%
Millennium Management
37
Millennium Management
New York
-$14M -1,407,716 Closed
Citadel Advisors
38
Citadel Advisors
Florida
-$6.98M -702,864 Closed
SRF
39
Silver Rock Financial
California
-$6.34M -640,628 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
40
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$4.98M -499,998 -100%
GCL
41
Glazer Capital LLC
New York
-$4.52M -455,374 Closed
PC
42
Periscope Capital
Ontario, Canada
-$994K -100,100 Closed
EH
43
EMG Holdings
Connecticut
-$993K -100,000 Closed
SSA
44
Schonfeld Strategic Advisors
New York
-$149K -15,000 Closed
SC
45
Sculptor Capital
New York
+$30 +3 +150%

ESM.U Hedge Fund Activity: Q4 2021 in Review

39 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (ESM.U) for Q4 2021, worth a combined $54.3M — down 41% from $91.7M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of ESM.U and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 3 added.

The largest buyer was Parallax Volatility Advisers, adding an estimated $609K. The largest seller was Millennium Management, exiting entirely with an estimated $14M sold.

  • 39 institutional investors held ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (ESM.U) as of Q4 2021, down from 44 in Q3 2021.
  • Funds reported $54.3M of ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q4 2021, down 41% quarter-over-quarter.
  • 3 funds opened new ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q4 2021 and 8 closed out, a net change of -5 holders.
  • The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $609K added.
  • The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q4 2021 was Millennium Management, an estimated $14M sold.

Based on aggregated 13F filings for Q4 2021.