E.Merge Technology Acquisition Corp. Class A Common Stock
ETAC
ETAC was delisted on the 2nd of September, 2022.
102 hedge funds and large institutions have $485M invested in E.Merge Technology Acquisition Corp. Class A Common Stock in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $446M → $485M (+$39.5M)
6.55% more ownership
Funds ownership: 74.68% → 81.22% (+6.5%)
6% more funds holding
Funds holding: 96 → 102 (+6)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$11.3M |
| 2 |
SCM
Saba Capital Management
New York
|
+$10.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$8.22M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$6.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Ramius Advisors
New York
|
-$5.54M |
| 2 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$3.94M |
| 3 |
JP Morgan Chase
New York
|
-$2.54M |
| 4 |
SAM
Sycomore Asset Management
Paris,
France
|
-$2.54M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$2.44M |
ETAC Hedge Fund Activity: Q2 2021 in Review
102 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in E.Merge Technology Acquisition Corp. Class A Common Stock (ETAC) for Q2 2021, worth a combined $485M — up 8.9% from $446M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ETAC positions and 6 closed out — a net gain of 7 holders — while 21 added to existing stakes and 21 trimmed.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $11.3M. The largest seller was Ramius Advisors, exiting entirely with an estimated $5.54M sold.
- 102 institutional investors held E.Merge Technology Acquisition Corp. Class A Common Stock (ETAC) as of Q2 2021, up from 96 in Q1 2021.
- Funds reported $485M of E.Merge Technology Acquisition Corp. Class A Common Stock stock for Q2 2021, up 8.9% quarter-over-quarter.
- 13 funds opened new E.Merge Technology Acquisition Corp. Class A Common Stock positions in Q2 2021 and 6 closed out, a net change of +7 holders.
- The largest E.Merge Technology Acquisition Corp. Class A Common Stock buyer in Q2 2021 was Highbridge Capital Management, an estimated $11.3M added.
- The largest E.Merge Technology Acquisition Corp. Class A Common Stock seller in Q2 2021 was Ramius Advisors, an estimated $5.54M sold.
Based on aggregated 13F filings for Q2 2021.