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.
7 hedge funds and large institutions have $11.8M invested in Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 3 closing their positions.
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
38% less capital invested
Capital invested by funds: $19M → $11.8M (-$7.15M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.69M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.85M |
| 3 |
CAC
Cowen and Company
New York
|
-$253K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.29K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
1
Magnetar Financial
Evanston,
Illinois
| $11.1M | – | – | – |
|
|
WC
2
Wealthspring Capital
West Harrison,
New York
| $507K | +$495K | +46,756 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $117K | -$3.29K | -311 | -3% |
|
|
MTCM
4
Mint Tower Capital Management
Amsterdam,
Netherlands
| $22K | – | – | – |
|
|
SMA
5
Sage Mountain Advisors
Atlanta,
Georgia
| $20K | +$19.8K | +1,875 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $15K | -$2.12K | -200 | -13% |
|
7
Walleye Capital
New York
| $109 | – | – | – |
|
|
PAMP
8
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$3.69M | -350,000 | Closed |
|
|
PC
9
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.85M | -175,000 | Closed |
|
|
CAC
10
Cowen and Company
New York
| – | -$253K | -24,000 | Closed |
|
GLEO.U Hedge Fund Activity: Q4 2020 in Review
7 of the 5,651 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 Q4 2020, worth a combined $11.8M — down 38% from $19M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GLEO.U and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $3.69M sold.
- 7 institutional investors held Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant (GLEO.U) as of Q4 2020, down from 8 in Q3 2020.
- Funds reported $11.8M of Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant stock for Q4 2020, down 38% quarter-over-quarter.
- 2 funds opened new Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant positions in Q4 2020 and 3 closed out, a net change of -1 holder.
- The largest Galileo Acquisition Corp. Units, each consisting of one Ordinary Share and one Redeemable Warrant seller in Q4 2020 was Polar Asset Management Partners, an estimated $3.69M sold.
Based on aggregated 13F filings for Q4 2020.