Gores Holdings IV, Inc. Unit
GHIVU
GHIVU was delisted on the 21st of January, 2021.
27 hedge funds and large institutions have $74.8M invested in Gores Holdings IV, Inc. Unit in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 30 closing their positions.
48% less funds holding
Funds holding: 52 → 27 (-25)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
67% less capital invested
Capital invested by funds: $230M → $74.8M (-$155M)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
83% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$4.11M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$2.85M |
| 3 |
AGM
Alpine Global Management
New York
|
+$1.09M |
| 4 |
Goldman Sachs
New York
|
+$894K |
| 5 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Element Capital Management
New York
|
-$19.8M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$18.7M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$15M |
| 4 |
KC
Kepos Capital
New York
|
-$13.3M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$10.4M |
GHIVU Hedge Fund Activity: Q3 2020 in Review
27 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Gores Holdings IV, Inc. Unit (GHIVU) for Q3 2020, worth a combined $74.8M — down 67% from $230M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of GHIVU and 5 opened new positions — a net loss of 25 holders — while 11 trimmed existing stakes and 3 added.
The largest buyer was Cowen and Company, adding an estimated $4.11M. The largest seller was Element Capital Management, exiting entirely with an estimated $19.8M sold.
- 27 institutional investors held Gores Holdings IV, Inc. Unit (GHIVU) as of Q3 2020, down from 52 in Q2 2020.
- Funds reported $74.8M of Gores Holdings IV, Inc. Unit stock for Q3 2020, down 67% quarter-over-quarter.
- 5 funds opened new Gores Holdings IV, Inc. Unit positions in Q3 2020 and 30 closed out, a net change of -25 holders.
- The largest Gores Holdings IV, Inc. Unit buyer in Q3 2020 was Cowen and Company, an estimated $4.11M added.
- The largest Gores Holdings IV, Inc. Unit seller in Q3 2020 was Element Capital Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2020.