GigCapital2, Inc.
GIX.U
GIX.U was delisted on the 9th of June, 2021.
26 hedge funds and large institutions have $68.6M invested in GigCapital2, Inc. in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 12 closing their positions.
30% less funds holding
Funds holding: 37 → 26 (-11)
50% less capital invested
Capital invested by funds: $136M → $68.6M (-$67.8M)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.26M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$1.12M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$252K |
| 4 |
KC
Kepos Capital
New York
|
+$125K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$16.2M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$11.3M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$7.69M |
| 4 |
LA
Linden Advisors
New York
|
-$7.04M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$6.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.06K | – | – | – |
|
|
WAM
27
Weiss Asset Management
Boston,
Massachusetts
| – | -$16.2M | -1,608,075 | Closed |
|
|
AA
28
AQR Arbitrage
Greenwich,
Connecticut
| – | -$7.69M | -765,000 | Closed |
|
|
LA
29
Linden Advisors
New York
| – | -$7.04M | -700,000 | Closed |
|
|
OAM
30
Oxford Asset Management
Oxford,
United Kingdom
| – | -$6.03M | -599,564 | Closed |
|
|
MP
31
Mangrove Partners
Greenwich,
Connecticut
| – | -$2.01M | -200,172 | Closed |
|
32
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.76M | -175,000 | Closed |
|
|
BI
33
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.53K | -152,750 | Closed |
|
34
Walleye Capital
New York
| – | -$1.35M | -135,000 | Closed |
|
|
PAM
35
Panagora Asset Management
Boston,
Massachusetts
| – | -$1.06M | -106,201 | Closed |
|
36
Walleye Trading
New York
| – | -$995K | -99,200 | Closed |
|
37
Citadel Advisors
Miami,
Florida
| – | -$282K | -28,069 | Closed |
|
38
D.E. Shaw & Co
New York
| – | -$130K | -12,932 | Closed |
|
GIX.U Hedge Fund Activity: Q3 2019 in Review
26 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in GigCapital2, Inc. (GIX.U) for Q3 2019, worth a combined $68.6M — down 50% from $136M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GIX.U and 1 opened new positions — a net loss of 11 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Gabelli & Co Investment Advisers, adding an estimated $1.26M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $16.2M sold.
- 26 institutional investors held GigCapital2, Inc. (GIX.U) as of Q3 2019, down from 37 in Q2 2019.
- Funds reported $68.6M of GigCapital2, Inc. stock for Q3 2019, down 50% quarter-over-quarter.
- 1 fund opened new GigCapital2, Inc. positions in Q3 2019 and 12 closed out, a net change of -11 holders.
- The largest GigCapital2, Inc. buyer in Q3 2019 was Gabelli & Co Investment Advisers, an estimated $1.26M added.
- The largest GigCapital2, Inc. seller in Q3 2019 was Weiss Asset Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2019.