GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock
GIX.RT
GIX.RT was delisted on the 9th of June, 2021.
24 hedge funds and large institutions have $5.83M invested in GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 5 closing their positions.
29% more capital invested
Capital invested by funds: $4.51M → $5.83M (+$1.32M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 24 → 24 (0)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$234K |
| 2 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$224K |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$153K |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$61.3K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$47.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$219K |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$83.9K |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$73K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$44K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$41.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMAM
26
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$73K | -220,000 | Closed |
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$8K | -23,531 | Closed |
|
|
CAC
28
Cowen and Company
New York
| – | -$6K | -17,400 | Closed |
|
|
PAM
29
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -4,734 | Closed |
|
GIX.RT Hedge Fund Activity: Q4 2020 in Review
24 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock (GIX.RT) for Q4 2020, worth a combined $5.83M — up 29% from $4.51M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GIX.RT positions and 5 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $234K. The largest seller was Periscope Capital, exiting entirely with an estimated $219K sold.
- 24 institutional investors held GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock (GIX.RT) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $5.83M of GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock stock for Q4 2020, up 29% quarter-over-quarter.
- 6 funds opened new GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock positions in Q4 2020 and 5 closed out, a net change of +1 holder.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock buyer in Q4 2020 was AQR Arbitrage, an estimated $234K added.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock seller in Q4 2020 was Periscope Capital, an estimated $219K sold.
Based on aggregated 13F filings for Q4 2020.