Genesis Growth Tech Acquisition Corp. Unit
GGAAU
GGAAU was delisted on the 13th of July, 2023.
25 hedge funds and large institutions have $72.6M invested in Genesis Growth Tech Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 36 closing their positions.
57% less funds holding
Funds holding: 58 → 25 (-33)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
69% less capital invested
Capital invested by funds: $238M → $72.6M (-$165M)
92% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$268K |
| 2 |
State Street
Boston,
Massachusetts
|
+$132K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$59.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$221 |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$201 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$13.1M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$12.6M |
| 3 |
SCM
Saba Capital Management
New York
|
-$12.2M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.97M |
| 5 |
AMH
Apollo Management Holdings
New York
|
-$9.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
51
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.49M | -148,366 | Closed |
|
|
GCL
52
Glazer Capital LLC
New York
| – | -$1.25M | -124,788 | -100% |
|
53
Citigroup
New York
| – | -$1.16M | -115,164 | Closed |
|
|
RA
54
Ramius Advisors
New York
| – | -$1M | -100,000 | Closed |
|
|
SAMU
55
SONA Asset Management (US)
New York
| – | -$906K | -90,000 | Closed |
|
|
PP
56
Paloma Partners
Greenwich,
Connecticut
| – | -$604K | -60,000 | Closed |
|
|
OAC
57
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$403K | -40,000 | Closed |
|
|
VF
58
Virtu Financial
New York
| – | -$136K | -13,461 | Closed |
|
|
SSA
59
Schonfeld Strategic Advisors
New York
| – | -$101K | -10,000 | Closed |
|
|
AA
60
Ancora Advisors
Cleveland,
Ohio
| – | -$2K | -200 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | +$221 | +22 | New |
|
GGAAU Hedge Fund Activity: Q1 2022 in Review
25 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Genesis Growth Tech Acquisition Corp. Unit (GGAAU) for Q1 2022, worth a combined $72.6M — down 69% from $238M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GGAAU and 3 opened new positions — a net loss of 33 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was CSS LLC, adding an estimated $268K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $13.1M sold.
- 25 institutional investors held Genesis Growth Tech Acquisition Corp. Unit (GGAAU) as of Q1 2022, down from 58 in Q4 2021.
- Funds reported $72.6M of Genesis Growth Tech Acquisition Corp. Unit stock for Q1 2022, down 69% quarter-over-quarter.
- 3 funds opened new Genesis Growth Tech Acquisition Corp. Unit positions in Q1 2022 and 36 closed out, a net change of -33 holders.
- The largest Genesis Growth Tech Acquisition Corp. Unit buyer in Q1 2022 was CSS LLC, an estimated $268K added.
- The largest Genesis Growth Tech Acquisition Corp. Unit seller in Q1 2022 was Polar Asset Management Partners, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2022.