Gores Guggenheim, Inc. Unit
GGPIU
GGPIU was delisted on the 23rd of June, 2022.
26 hedge funds and large institutions have $28.3M invested in Gores Guggenheim, Inc. Unit in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 41 closing their positions.
58% less funds holding
Funds holding: 62 → 26 (-36)
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
88% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 41
91% less capital invested
Capital invested by funds: $315M → $28.3M (-$287M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$4.83M |
| 2 |
AGM
Alpine Global Management
New York
|
+$2.81M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$2.06M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$226K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$32.5M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$32.3M |
| 3 |
Millennium Management
New York
|
-$25.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$25.1M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$22.5M |
GGPIU Hedge Fund Activity: Q3 2021 in Review
26 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Gores Guggenheim, Inc. Unit (GGPIU) for Q3 2021, worth a combined $28.3M — down 91% from $315M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of GGPIU and 5 opened new positions — a net loss of 36 holders — while 12 trimmed existing stakes and 3 added.
The largest buyer was Marshall Wace, opening a new position worth an estimated $4.83M. The largest seller was Security Benefit Life Insurance Company, exiting entirely with an estimated $32.5M sold.
- 26 institutional investors held Gores Guggenheim, Inc. Unit (GGPIU) as of Q3 2021, down from 62 in Q2 2021.
- Funds reported $28.3M of Gores Guggenheim, Inc. Unit stock for Q3 2021, down 91% quarter-over-quarter.
- 5 funds opened new Gores Guggenheim, Inc. Unit positions in Q3 2021 and 41 closed out, a net change of -36 holders.
- The largest Gores Guggenheim, Inc. Unit buyer in Q3 2021 was Marshall Wace, an estimated $4.83M added.
- The largest Gores Guggenheim, Inc. Unit seller in Q3 2021 was Security Benefit Life Insurance Company, an estimated $32.5M sold.
Based on aggregated 13F filings for Q3 2021.