Genesis Unicorn Capital Corp. Class A Common Stock
GENQ
GENQ was delisted on the 3rd of August, 2023.
25 hedge funds and large institutions have $56.4M invested in Genesis Unicorn Capital Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 13 closing their positions.
19% less funds holding
Funds holding: 31 → 25 (-6)
29% less capital invested
Capital invested by funds: $79.1M → $56.4M (-$22.8M)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.12M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
+$2.13M |
| 3 |
PCM
Prelude Capital Management
New York
|
+$2.13M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.95M |
| 5 |
Walleye Capital
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASM
ATW SPAC Management
New York
|
-$5.48M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$5.48M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.9M |
| 4 |
SV
Starboard Value
New York
|
-$3.3M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$3.27M |
GENQ Hedge Fund Activity: Q1 2023 in Review
25 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Genesis Unicorn Capital Corp. Class A Common Stock (GENQ) for Q1 2023, worth a combined $56.4M — down 29% from $79.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GENQ and 7 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $3.12M. The largest seller was ATW SPAC Management, cutting an estimated $5.48M.
- 25 institutional investors held Genesis Unicorn Capital Corp. Class A Common Stock (GENQ) as of Q1 2023, down from 31 in Q4 2022.
- Funds reported $56.4M of Genesis Unicorn Capital Corp. Class A Common Stock stock for Q1 2023, down 29% quarter-over-quarter.
- 7 funds opened new Genesis Unicorn Capital Corp. Class A Common Stock positions in Q1 2023 and 13 closed out, a net change of -6 holders.
- The largest Genesis Unicorn Capital Corp. Class A Common Stock buyer in Q1 2023 was Yakira Capital Management, an estimated $3.12M added.
- The largest Genesis Unicorn Capital Corp. Class A Common Stock seller in Q1 2023 was ATW SPAC Management, an estimated $5.48M sold.
Based on aggregated 13F filings for Q1 2023.