E.Merge Technology Acquisition Corp. Unit
ETACU
ETACU was delisted on the 2nd of September, 2022.
45 hedge funds and large institutions have $158M invested in E.Merge Technology Acquisition Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 23 closing their positions.
25% less funds holding
Funds holding: 60 → 45 (-15)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
53% less capital invested
Capital invested by funds: $340M → $158M (-$182M)
61% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 23
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$10M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.61M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.47M |
| 4 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$1.28M |
| 5 |
VF
Virtu Financial
New York
|
+$1.06M |
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
45 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in E.Merge Technology Acquisition Corp. Unit (ETACU) for Q4 2020, worth a combined $158M — down 53% from $340M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ETACU and 9 opened new positions — a net loss of 14 holders — while 16 trimmed existing stakes and 6 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.
- 45 institutional investors held E.Merge Technology Acquisition Corp. Unit (ETACU) as of Q4 2020, down from 60 in Q3 2020.
- Funds reported $158M 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 23 closed out, a net change of -14 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.