Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant
GLEO.U
GLEO.U was delisted on the 29th of September, 2021.
20 hedge funds and large institutions have $48.5M invested in Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant in 2020 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 10 closing their positions.
35% less funds holding
Funds holding: 31 → 20 (-11)
38% less capital invested
Capital invested by funds: $78.8M → $48.5M (-$30.3M)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$112K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$21.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$4.2M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$3.99M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.57M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$3.08M |
| 5 |
TCM
Tenor Capital Management
New York
|
-$2.44M |
GLEO.U Hedge Fund Activity: Q1 2020 in Review
20 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant (GLEO.U) for Q1 2020, worth a combined $48.5M — down 38% from $78.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GLEO.U and 0 opened new positions — a net loss of 10 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Longfellow Investment Management, adding an estimated $112K. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $4.2M sold.
- 20 institutional investors held Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant (GLEO.U) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $48.5M of Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant stock for Q1 2020, down 38% quarter-over-quarter.
- 0 funds opened new Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant positions in Q1 2020 and 10 closed out, a net change of -10 holders.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant buyer in Q1 2020 was Longfellow Investment Management, an estimated $112K added.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant seller in Q1 2020 was Sage Rock Capital Management, an estimated $4.2M sold.
Based on aggregated 13F filings for Q1 2020.