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.
22 hedge funds and large institutions have $4.58M invested in GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 24 → 22 (-2)
21% less capital invested
Capital invested by funds: $5.83M → $4.58M (-$1.25M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$284K |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
+$6.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$198K |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$81.8K |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$52K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$45.6K |
| 5 |
LA
Linden Advisors
New York
|
-$33.4K |
GIX.RT Hedge Fund Activity: Q1 2021 in Review
22 of the 5,711 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 Q1 2021, worth a combined $4.58M — down 21% from $5.83M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GIX.RT and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Greenhaven Road Investment Management, adding an estimated $284K. The largest seller was Magnetar Financial, exiting entirely with an estimated $198K sold.
- 22 institutional investors held GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock (GIX.RT) as of Q1 2021, down from 24 in Q4 2020.
- Funds reported $4.58M of GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock stock for Q1 2021, down 21% quarter-over-quarter.
- 1 fund opened new GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock positions in Q1 2021 and 3 closed out, a net change of -2 holders.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock buyer in Q1 2021 was Greenhaven Road Investment Management, an estimated $284K added.
- The largest GigCapital2, Inc. Rights, each exchangeable into one-twentieth of a share of Common Stock seller in Q1 2021 was Magnetar Financial, an estimated $198K sold.
Based on aggregated 13F filings for Q1 2021.