Glenfarne Merger Corp. Class A Common Stock
GGMC
GGMC was delisted on the 16th of December, 2022.
49 hedge funds and large institutions have $228M invested in Glenfarne Merger Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
18% more capital invested
Capital invested by funds: $193M → $228M (+$35.4M)
17% more funds holding
Funds holding: 42 → 49 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$22.2M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$9.88M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$9.81M |
| 4 |
SCM
Saba Capital Management
New York
|
+$6.87M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$24.1M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$4.33M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.58M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.67M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Parallax Volatility Advisers
San Francisco,
California
| – | -$4.33M | -444,914 | Closed |
|
GGMC Hedge Fund Activity: Q3 2022 in Review
49 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Glenfarne Merger Corp. Class A Common Stock (GGMC) for Q3 2022, worth a combined $228M — up 18% from $193M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GGMC positions and 2 closed out — a net gain of 8 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $22.2M. The largest seller was Blackstone Inc, exiting entirely with an estimated $24.1M sold.
- 49 institutional investors held Glenfarne Merger Corp. Class A Common Stock (GGMC) as of Q3 2022, up from 42 in Q2 2022.
- Funds reported $228M of Glenfarne Merger Corp. Class A Common Stock stock for Q3 2022, up 18% quarter-over-quarter.
- 10 funds opened new Glenfarne Merger Corp. Class A Common Stock positions in Q3 2022 and 2 closed out, a net change of +8 holders.
- The largest Glenfarne Merger Corp. Class A Common Stock buyer in Q3 2022 was Magnetar Financial, an estimated $22.2M added.
- The largest Glenfarne Merger Corp. Class A Common Stock seller in Q3 2022 was Blackstone Inc, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2022.