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.
16 hedge funds and large institutions have $42.2M invested in Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 5 closing their positions.
13% less capital invested
Capital invested by funds: $48.5M → $42.2M (-$6.26M)
20% less funds holding
Funds holding: 20 → 16 (-4)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$2.01M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
+$251K |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$17.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.73M |
| 2 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$2.31M |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$1.92M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.72M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$509K |
GLEO.U Hedge Fund Activity: Q2 2020 in Review
16 of the 4,877 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 Q2 2020, worth a combined $42.2M — down 13% from $48.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GLEO.U and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $2.01M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $3.73M sold.
- 16 institutional investors held Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant (GLEO.U) as of Q2 2020, down from 20 in Q1 2020.
- Funds reported $42.2M of Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant stock for Q2 2020, down 13% quarter-over-quarter.
- 1 fund opened new Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant positions in Q2 2020 and 5 closed out, a net change of -4 holders.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant buyer in Q2 2020 was Boothbay Fund Management, an estimated $2.01M added.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant seller in Q2 2020 was Hudson Bay Capital Management, an estimated $3.73M sold.
Based on aggregated 13F filings for Q2 2020.