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.
30 hedge funds and large institutions have $53.2M invested in GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 32 closing their positions.
44% less funds holding
Funds holding: 54 → 30 (-24)
74% less capital invested
Capital invested by funds: $205M → $53.2M (-$152M)
75% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 32
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$238K |
| 2 |
State Street
Boston,
Massachusetts
|
+$174K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$161K |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$55K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$51.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$15.4M |
| 2 |
KC
Kepos Capital
New York
|
-$10.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$9.25M |
| 4 |
SCM
Saba Capital Management
New York
|
-$9.25M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$8.51M |
GIA.U Hedge Fund Activity: Q4 2021 in Review
30 of the 6,498 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 Q4 2021, worth a combined $53.2M — down 74% from $205M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GIA.U and 8 opened new positions — a net loss of 24 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $238K. The largest seller was Weiss Asset Management, exiting entirely with an estimated $15.4M sold.
- 30 institutional investors held GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant (GIA.U) as of Q4 2021, down from 54 in Q3 2021.
- Funds reported $53.2M of GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant stock for Q4 2021, down 74% quarter-over-quarter.
- 8 funds opened new GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant positions in Q4 2021 and 32 closed out, a net change of -24 holders.
- The largest GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant buyer in Q4 2021 was Wolverine Trading, an estimated $238K added.
- The largest GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant seller in Q4 2021 was Weiss Asset Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q4 2021.