GigCapital2, Inc.
GIX.U
GIX.U was delisted on the 9th of June, 2021.
26 hedge funds and large institutions have $70.7M 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: $140M → $70.7M (-$69.3M)
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 |
GIX.U Hedge Fund Activity: Q3 2019 in Review
26 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in GigCapital2, Inc. (GIX.U) for Q3 2019, worth a combined $70.7M — down 50% from $140M 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 $70.7M 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.