The Growth for Good Acquisition Corporation Unit
GFGDU
GFGDU was delisted on the 18th of September, 2023.
27 hedge funds and large institutions have $55.9M invested in The Growth for Good Acquisition Corporation Unit in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 37 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
56% less funds holding
Funds holding: 61 → 27 (-34)
77% less capital invested
Capital invested by funds: $248M → $55.9M (-$192M)
92% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$498K |
| 2 |
CS
Clear Street
New York
|
+$349K |
| 3 |
JP Morgan Chase
New York
|
+$299K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$295K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$20.1M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.8M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$11M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$9.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMAM
51
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$2.5M | -250,000 | Closed |
|
|
SC
52
Sculptor Capital
New York
| – | -$2.2M | -220,000 | Closed |
|
|
HCM
53
Highbridge Capital Management
New York
| – | -$2.1M | -210,916 | Closed |
|
54
Blackstone Inc
New York
| – | -$2M | -200,000 | Closed |
|
|
WA
55
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$2M | -200,000 | Closed |
|
56
Citigroup
New York
| – | -$1.07M | -107,289 | Closed |
|
|
CL
57
CSS LLC
Chicago,
Illinois
| – | -$1.01M | -100,851 | Closed |
|
|
LCM
58
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$998K | -100,000 | Closed |
|
|
WRBC
59
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$987K | -98,910 | Closed |
|
|
GCL
60
Glazer Capital LLC
New York
| – | -$944K | -94,557 | Closed |
|
|
CM
61
Cohanzick Management
Pleasantville,
New York
| – | -$681K | -68,250 | Closed |
|
|
OAC
62
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$499K | -50,000 | Closed |
|
|
RA
63
RiverPark Advisors
New York
| – | -$206K | -20,624 | Closed |
|
|
AA
64
Ancora Advisors
Cleveland,
Ohio
| – | -$28K | -2,800 | Closed |
|
GFGDU Hedge Fund Activity: Q1 2022 in Review
27 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in The Growth for Good Acquisition Corporation Unit (GFGDU) for Q1 2022, worth a combined $55.9M — down 77% from $248M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of GFGDU and 3 opened new positions — a net loss of 34 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Wealthspring Capital, adding an estimated $498K. The largest seller was Saba Capital Management, exiting entirely with an estimated $20.1M sold.
- 27 institutional investors held The Growth for Good Acquisition Corporation Unit (GFGDU) as of Q1 2022, down from 61 in Q4 2021.
- Funds reported $55.9M of The Growth for Good Acquisition Corporation Unit stock for Q1 2022, down 77% quarter-over-quarter.
- 3 funds opened new The Growth for Good Acquisition Corporation Unit positions in Q1 2022 and 37 closed out, a net change of -34 holders.
- The largest The Growth for Good Acquisition Corporation Unit buyer in Q1 2022 was Wealthspring Capital, an estimated $498K added.
- The largest The Growth for Good Acquisition Corporation Unit seller in Q1 2022 was Saba Capital Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q1 2022.