Gores Guggenheim, Inc. Unit
GGPIU
GGPIU was delisted on the 23rd of June, 2022.
62 hedge funds and large institutions have $315M invested in Gores Guggenheim, Inc. Unit in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 49 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
38% less funds holding
Funds holding: 100 → 62 (-38)
54% less capital invested
Capital invested by funds: $687M → $315M (-$371M)
76% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$12.3M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$2.34M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$2.08M |
| 4 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$2M |
| 5 |
AMH
Apollo Management Holdings
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$65.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$27.4M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$24.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$19.9M |
| 5 |
SCM
Saba Capital Management
New York
|
-$18.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
101
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$976K | -98,250 | Closed |
|
102
Voloridge Investment Management
Jupiter,
Florida
| – | -$833K | -83,899 | Closed |
|
|
DCM
103
Dupont Capital Management
Wilmington,
Delaware
| – | -$745K | -75,000 | Closed |
|
|
CS
104
Credit Suisse
Zurich,
Switzerland
| – | -$596K | -60,000 | Closed |
|
|
EAM
105
Exos Asset Management
New York
| – | -$248K | -25,000 | Closed |
|
|
SAM
106
Silverback Asset Management
Chapel Hill,
North Carolina
| – | -$149K | -15,000 | Closed |
|
|
VF
107
Virtu Financial
New York
| – | -$114K | -11,458 | Closed |
|
|
DIG
108
DeepCurrents Investment Group
New York
| – | -$99K | -10,000 | Closed |
|
|
MP
109
Mangrove Partners
Greenwich,
Connecticut
| – | -$99K | -10,000 | Closed |
|
|
PCM
110
Prelude Capital Management
New York
| – | -$99K | -10,000 | Closed |
|
111
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$23K | -2,350 | Closed |
|
GGPIU Hedge Fund Activity: Q2 2021 in Review
62 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Gores Guggenheim, Inc. Unit (GGPIU) for Q2 2021, worth a combined $315M — down 54% from $687M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of GGPIU and 12 opened new positions — a net loss of 37 holders — while 19 trimmed existing stakes and 14 added.
The largest buyer was Periscope Capital, adding an estimated $12.3M. The largest seller was Deutsche Bank, exiting entirely with an estimated $65.5M sold.
- 62 institutional investors held Gores Guggenheim, Inc. Unit (GGPIU) as of Q2 2021, down from 100 in Q1 2021.
- Funds reported $315M of Gores Guggenheim, Inc. Unit stock for Q2 2021, down 54% quarter-over-quarter.
- 12 funds opened new Gores Guggenheim, Inc. Unit positions in Q2 2021 and 49 closed out, a net change of -37 holders.
- The largest Gores Guggenheim, Inc. Unit buyer in Q2 2021 was Periscope Capital, an estimated $12.3M added.
- The largest Gores Guggenheim, Inc. Unit seller in Q2 2021 was Deutsche Bank, an estimated $65.5M sold.
Based on aggregated 13F filings for Q2 2021.