ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
ESM.U
ESM.U was delisted on the 9th of March, 2023.
33 hedge funds and large institutions have $40.5M invested in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 3 closing their positions.
6% less funds holding
Funds holding: 35 → 33 (-2)
17% less capital invested
Capital invested by funds: $48.9M → $40.5M (-$8.4M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$3.95M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$658K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$581K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$1.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$3.21M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.97M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$826K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$500K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$239K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
26
Magnetar Financial
Evanston,
Illinois
| $5.48K | -$2.97M | -300,594 | -35% |
|
27
UBS Group
Zurich,
Switzerland
| $2K | -$13.2K | -1,342 | -89% |
|
|
FPA
28
First Pacific Advisors
El Segundo,
California
| $2K | – | – | – |
|
|
GCL
29
Glazer Capital LLC
New York
| $2K | +$1.98K | +201 | New |
|
|
CS
30
Clear Street
New York
| $1K | -$4K | -405 | -81% |
|
|
31
Parallax Volatility Advisers
San Francisco,
California
| – | -$3.21M | -324,613 | Closed |
|
|
YCM
32
Yakira Capital Management
Westport,
Connecticut
| – | -$500K | -50,500 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -100 | Closed |
|
ESM.U Hedge Fund Activity: Q2 2022 in Review
33 of the 5,936 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 Q2 2022, worth a combined $40.5M — down 17% from $48.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ESM.U and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was HGC Investment Management, adding an estimated $3.95M. The largest seller was Parallax Volatility Advisers, exiting entirely with an estimated $3.21M sold.
- 33 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 Q2 2022, down from 35 in Q1 2022.
- Funds reported $40.5M of ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q2 2022, down 17% quarter-over-quarter.
- 1 fund opened new ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q2 2022 was HGC Investment Management, an estimated $3.95M added.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q2 2022 was Parallax Volatility Advisers, an estimated $3.21M sold.
Based on aggregated 13F filings for Q2 2022.