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 $4.51M invested in GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 0 closing their positions.
52% more capital invested
Capital invested by funds: $2.97M → $4.51M (+$1.54M)
41% more funds holding
Funds holding: 17 → 24 (+7)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$205K |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$142K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$135K |
| 4 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$99.2K |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$97.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
-$13.8K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$154 |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$154 |
GIX.RT Hedge Fund Activity: Q3 2020 in Review
24 of the 4,957 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 Q3 2020, worth a combined $4.51M — up 52% from $2.97M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GIX.RT positions and 0 closed out — a net gain of 7 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $205K. The largest seller was Cowen and Company, cutting an estimated $13.8K.
- 24 institutional investors held GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock (GIX.RT) as of Q3 2020, up from 17 in Q2 2020.
- Funds reported $4.51M of GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock stock for Q3 2020, up 52% quarter-over-quarter.
- 7 funds opened new GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock positions in Q3 2020 and 0 closed out, a net change of +7 holders.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock buyer in Q3 2020 was Davidson Kempner Capital Management, an estimated $205K added.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock seller in Q3 2020 was Cowen and Company, an estimated $13.8K sold.
Based on aggregated 13F filings for Q3 2020.