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.
8 hedge funds and large institutions have $19M invested in Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 10 closing their positions.
50% less funds holding
Funds holding: 16 → 8 (-8)
55% less capital invested
Capital invested by funds: $42.2M → $19M (-$23.3M)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$2.1M |
| 2 |
CAC
Cowen and Company
New York
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$6.2M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$4.47M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$4.14M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.95M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.43M |
GLEO.U Hedge Fund Activity: Q3 2020 in Review
8 of the 4,956 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 Q3 2020, worth a combined $19M — down 55% from $42.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GLEO.U and 2 opened new positions — a net loss of 8 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Mint Tower Capital Management, opening a new position worth an estimated $2.1M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $6.2M sold.
- 8 institutional investors held Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant (GLEO.U) as of Q3 2020, down from 16 in Q2 2020.
- Funds reported $19M of Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant stock for Q3 2020, down 55% quarter-over-quarter.
- 2 funds opened new Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant positions in Q3 2020 and 10 closed out, a net change of -8 holders.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant buyer in Q3 2020 was Mint Tower Capital Management, an estimated $2.1M added.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant seller in Q3 2020 was Davidson Kempner Capital Management, an estimated $6.2M sold.
Based on aggregated 13F filings for Q3 2020.