E.Merge Technology Acquisition Corp. Class A Common Stock
ETAC
ETAC was delisted on the 2nd of September, 2022.
96 hedge funds and large institutions have $446M invested in E.Merge Technology Acquisition Corp. Class A Common Stock in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 9 closing their positions.
256% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 9
32% more funds holding
Funds holding: 73 → 96 (+23)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more capital invested
Capital invested by funds: $418M → $446M (+$27.1M)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$27.8M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$12.5M |
| 3 |
Goldman Sachs
New York
|
+$9.35M |
| 4 |
JP Morgan Chase
New York
|
+$9.2M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$25.6M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$10.2M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$7.83M |
| 4 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$5.65M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$3.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
101
Monashee Investment Management
Boston,
Massachusetts
| – | -$2.05M | -200,000 | Closed |
|
|
PMAM
102
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$2.04M | -199,998 | Closed |
|
103
HighTower Advisors
Chicago,
Illinois
| – | -$485K | -47,493 | Closed |
|
104
Geode Capital Management
Boston,
Massachusetts
| – | -$350K | -34,425 | Closed |
|
105
Bank of America
Charlotte,
North Carolina
| – | +$10 | +1 | New |
|
ETAC Hedge Fund Activity: Q1 2021 in Review
96 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in E.Merge Technology Acquisition Corp. Class A Common Stock (ETAC) for Q1 2021, worth a combined $446M — up 6.5% from $418M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ETAC positions and 9 closed out — a net gain of 23 holders — while 22 added to existing stakes and 25 trimmed.
The largest buyer was Aristeia Capital, adding an estimated $27.8M. The largest seller was MSD Partners, exiting entirely with an estimated $25.6M sold.
- 96 institutional investors held E.Merge Technology Acquisition Corp. Class A Common Stock (ETAC) as of Q1 2021, up from 73 in Q4 2020.
- Funds reported $446M of E.Merge Technology Acquisition Corp. Class A Common Stock stock for Q1 2021, up 6.5% quarter-over-quarter.
- 32 funds opened new E.Merge Technology Acquisition Corp. Class A Common Stock positions in Q1 2021 and 9 closed out, a net change of +23 holders.
- The largest E.Merge Technology Acquisition Corp. Class A Common Stock buyer in Q1 2021 was Aristeia Capital, an estimated $27.8M added.
- The largest E.Merge Technology Acquisition Corp. Class A Common Stock seller in Q1 2021 was MSD Partners, an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2021.