E.Merge Technology Acquisition Corp. Unit
ETACU
ETACU was delisted on the 2nd of September, 2022.
44 hedge funds and large institutions have $156M invested in E.Merge Technology Acquisition Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 24 closing their positions.
27% less funds holding
Funds holding: 60 → 44 (-16)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
53% less capital invested
Capital invested by funds: $329M → $156M (-$173M)
63% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 24
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$10M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.61M |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$1.28M |
| 4 |
VF
Virtu Financial
New York
|
+$1.06M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$40.2M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$20.1M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$15.1M |
| 4 |
LCG
Luxor Capital Group
New York
|
-$15.1M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$14.3M |
ETACU Hedge Fund Activity: Q4 2020 in Review
44 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in E.Merge Technology Acquisition Corp. Unit (ETACU) for Q4 2020, worth a combined $156M — down 53% from $329M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of ETACU and 9 opened new positions — a net loss of 15 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Aristeia Capital, adding an estimated $10M. The largest seller was Linden Advisors, exiting entirely with an estimated $40.2M sold.
- 44 institutional investors held E.Merge Technology Acquisition Corp. Unit (ETACU) as of Q4 2020, down from 60 in Q3 2020.
- Funds reported $156M of E.Merge Technology Acquisition Corp. Unit stock for Q4 2020, down 53% quarter-over-quarter.
- 9 funds opened new E.Merge Technology Acquisition Corp. Unit positions in Q4 2020 and 24 closed out, a net change of -15 holders.
- The largest E.Merge Technology Acquisition Corp. Unit buyer in Q4 2020 was Aristeia Capital, an estimated $10M added.
- The largest E.Merge Technology Acquisition Corp. Unit seller in Q4 2020 was Linden Advisors, an estimated $40.2M sold.
Based on aggregated 13F filings for Q4 2020.