G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
GAPA.U
GAPA.U was delisted on the 15th of November, 2022.
23 hedge funds and large institutions have $57.9M invested in G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
14% less capital invested
Capital invested by funds: $67.2M → $57.9M (-$9.34M)
15% less funds holding
Funds holding: 27 → 23 (-4)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$24K |
| 3 |
Jane Street
New York
|
+$1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.22M |
| 2 |
Millennium Management
New York
|
-$2.19M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.12M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$1.12M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$501K |
GAPA.U Hedge Fund Activity: Q3 2021 in Review
23 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (GAPA.U) for Q3 2021, worth a combined $57.9M — down 14% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GAPA.U and 1 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Wells Fargo, opening a new position worth an estimated $1M. The largest seller was Macquarie Group, exiting entirely with an estimated $4.22M sold.
- 23 institutional investors held G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (GAPA.U) as of Q3 2021, down from 27 in Q2 2021.
- Funds reported $57.9M of G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q3 2021, down 14% quarter-over-quarter.
- 1 fund opened new G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q3 2021 and 5 closed out, a net change of -4 holders.
- The largest G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q3 2021 was Wells Fargo, an estimated $1M added.
- The largest G&P Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q3 2021 was Macquarie Group, an estimated $4.22M sold.
Based on aggregated 13F filings for Q3 2021.