GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise
GIK.WS
GIK.WS was delisted on the 6th of May, 2021.
16 hedge funds and large institutions have $13.6M invested in GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 8 closing their positions.
24% less funds holding
Funds holding: 21 → 16 (-5)
29% less capital invested
Capital invested by funds: $19.1M → $13.6M (-$5.49M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$10M |
| 2 |
AC
Athanor Capital
New York
|
+$709K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$261K |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$234K |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$4.46M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.2M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.18M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.03M |
| 5 |
KC
Kepos Capital
New York
|
-$790K |
GIK.WS Hedge Fund Activity: Q1 2021 in Review
16 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise (GIK.WS) for Q1 2021, worth a combined $13.6M — down 29% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GIK.WS and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Ionic Capital Management, adding an estimated $10M. The largest seller was Glazer Capital LLC, cutting an estimated $4.46M.
- 16 institutional investors held GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise (GIK.WS) as of Q1 2021, down from 21 in Q4 2020.
- Funds reported $13.6M of GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise stock for Q1 2021, down 29% quarter-over-quarter.
- 3 funds opened new GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise positions in Q1 2021 and 8 closed out, a net change of -5 holders.
- The largest GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise buyer in Q1 2021 was Ionic Capital Management, an estimated $10M added.
- The largest GigCapital3, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise seller in Q1 2021 was Glazer Capital LLC, an estimated $4.46M sold.
Based on aggregated 13F filings for Q1 2021.