E.Merge Technology Acquisition Corp. Class A Common Stock
ETAC
ETAC was delisted on the 2nd of September, 2022.
107 hedge funds and large institutions have $531M invested in E.Merge Technology Acquisition Corp. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
11% more funds holding
Funds holding: 96 → 107 (+11)
2.03% more ownership
Funds ownership: 85.68% → 87.71% (+2%)
3% more capital invested
Capital invested by funds: $516M → $531M (+$14.9M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
77% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $5.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$14.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$8.42M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$3.96M |
| 4 |
Janus Henderson Group
London,
|
+$2.72M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$14.7M |
| 2 |
RCM
Ratan Capital Management
Miami Beach,
Florida
|
-$7.87M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.7M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$4.5M |
| 5 |
HIH
HRS Investment Holdings
New York
|
-$3.88M |
ETAC Hedge Fund Activity: Q1 2022 in Review
107 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in E.Merge Technology Acquisition Corp. Class A Common Stock (ETAC) for Q1 2022, worth a combined $531M — up 2.9% from $516M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ETAC positions and 9 closed out — a net gain of 11 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $14.3M. The largest seller was Citadel Advisors, cutting an estimated $14.7M.
- 107 institutional investors held E.Merge Technology Acquisition Corp. Class A Common Stock (ETAC) as of Q1 2022, up from 96 in Q4 2021.
- Funds reported $531M of E.Merge Technology Acquisition Corp. Class A Common Stock stock for Q1 2022, up 2.9% quarter-over-quarter.
- 20 funds opened new E.Merge Technology Acquisition Corp. Class A Common Stock positions in Q1 2022 and 9 closed out, a net change of +11 holders.
- The largest E.Merge Technology Acquisition Corp. Class A Common Stock buyer in Q1 2022 was Starboard Value, an estimated $14.3M added.
- The largest E.Merge Technology Acquisition Corp. Class A Common Stock seller in Q1 2022 was Citadel Advisors, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2022.