Glenfarne Merger Corp. Unit
GGMCU
GGMCU was delisted on the 16th of December, 2022.
18 hedge funds and large institutions have $47.4M invested in Glenfarne Merger Corp. Unit in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 5 closing their positions.
14% less funds holding
Funds holding: 21 → 18 (-3)
42% less capital invested
Capital invested by funds: $81.2M → $47.4M (-$33.8M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.29M |
| 2 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
+$99.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$15.3M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.28M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.5M |
| 4 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$3.28M |
| 5 |
KC
Kepos Capital
New York
|
-$2.95M |
GGMCU Hedge Fund Activity: Q4 2021 in Review
18 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Glenfarne Merger Corp. Unit (GGMCU) for Q4 2021, worth a combined $47.4M — down 42% from $81.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GGMCU and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Parallax Volatility Advisers, adding an estimated $1.29M. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $15.3M sold.
- 18 institutional investors held Glenfarne Merger Corp. Unit (GGMCU) as of Q4 2021, down from 21 in Q3 2021.
- Funds reported $47.4M of Glenfarne Merger Corp. Unit stock for Q4 2021, down 42% quarter-over-quarter.
- 2 funds opened new Glenfarne Merger Corp. Unit positions in Q4 2021 and 5 closed out, a net change of -3 holders.
- The largest Glenfarne Merger Corp. Unit buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $1.29M added.
- The largest Glenfarne Merger Corp. Unit seller in Q4 2021 was Shaolin Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2021.