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.
17 hedge funds and large institutions have $2.97M invested in GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 3 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
15% more capital invested
Capital invested by funds: $2.57M → $2.97M (+$395K)
6% less funds holding
Funds holding: 18 → 17 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$167K |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$139K |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$110K |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$62.6K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$14.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$100K |
| 2 |
Walleye Capital
New York
|
-$3K |
| 3 |
Walleye Trading
New York
|
-$1K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$28 |
GIX.RT Hedge Fund Activity: Q2 2020 in Review
17 of the 4,877 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 Q2 2020, worth a combined $2.97M — up 15% from $2.57M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GIX.RT and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 5 added.
The largest buyer was Greenhaven Road Investment Management, adding an estimated $167K. The largest seller was Mangrove Partners, exiting entirely with an estimated $100K sold.
- 17 institutional investors held GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock (GIX.RT) as of Q2 2020, down from 18 in Q1 2020.
- Funds reported $2.97M of GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock stock for Q2 2020, up 15% quarter-over-quarter.
- 2 funds opened new GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock positions in Q2 2020 and 3 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 Q2 2020 was Greenhaven Road Investment Management, an estimated $167K added.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock seller in Q2 2020 was Mangrove Partners, an estimated $100K sold.
Based on aggregated 13F filings for Q2 2020.