GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant
GIA.U
GIA.U was delisted on the 28th of March, 2023.
20 hedge funds and large institutions have $24.3M invested in GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 11 closing their positions.
33% less funds holding
Funds holding: 30 → 20 (-10)
54% less capital invested
Capital invested by funds: $53.2M → $24.3M (-$28.9M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$97.1K |
| 2 |
Walleye Capital
New York
|
+$2.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.4M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$5.17M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.22M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$2.6M |
| 5 |
Millennium Management
New York
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$916K | -88,423 | Closed |
|
|
ECM
27
ExodusPoint Capital Management
New York
| – | -$778K | -75,000 | Closed |
|
|
SSA
28
Schonfeld Strategic Advisors
New York
| – | -$779K | -75,000 | Closed |
|
29
Wolverine Trading
Chicago,
Illinois
| – | -$238K | -22,935 | Closed |
|
30
State Street
Boston,
Massachusetts
| – | -$173K | -16,732 | Closed |
|
|
6CM
31
683 Capital Management
New York
| – | -$52K | -5,000 | Closed |
|
GIA.U Hedge Fund Activity: Q1 2022 in Review
20 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant (GIA.U) for Q1 2022, worth a combined $24.3M — down 54% from $53.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GIA.U and 1 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $97.1K. The largest seller was Aristeia Capital, exiting entirely with an estimated $10.4M sold.
- 20 institutional investors held GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant (GIA.U) as of Q1 2022, down from 30 in Q4 2021.
- Funds reported $24.3M of GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant stock for Q1 2022, down 54% quarter-over-quarter.
- 1 fund opened new GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant positions in Q1 2022 and 11 closed out, a net change of -10 holders.
- The largest GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant buyer in Q1 2022 was Wolverine Asset Management, an estimated $97.1K added.
- The largest GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant seller in Q1 2022 was Aristeia Capital, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2022.