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.
44 hedge funds and large institutions have $91.7M invested in ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
18% less capital invested
Capital invested by funds: $112M → $91.7M (-$19.9M)
20% less funds holding
Funds holding: 55 → 44 (-11)
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$2.59M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$268K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$109K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$87.6K |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$22.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$9M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.96M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$2.5M |
| 4 |
AGC
Angelo Gordon & Co
New York
|
-$2M |
| 5 |
Millennium Management
New York
|
-$1.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Prelude Capital Management
New York
| – | -$278K | -27,750 | Closed |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$257K | -25,791 | Closed |
|
|
RA
53
Ramius Advisors
New York
| – | -$218K | -21,800 | Closed |
|
54
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$170K | -17,000 | Closed |
|
ESM.U Hedge Fund Activity: Q3 2021 in Review
44 of the 5,712 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 Q3 2021, worth a combined $91.7M — down 18% from $112M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ESM.U and 3 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $2.59M. The largest seller was Macquarie Group, exiting entirely with an estimated $9M sold.
- 44 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 Q3 2021, down from 55 in Q2 2021.
- Funds reported $91.7M of ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q3 2021, down 18% 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 Q3 2021 and 13 closed out, a net change of -10 holders.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q3 2021 was Parallax Volatility Advisers, an estimated $2.59M added.
- The largest ESM Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q3 2021 was Macquarie Group, an estimated $9M sold.
Based on aggregated 13F filings for Q3 2021.