Gores Metropoulos, Inc. Unit
GMHIU
GMHIU was delisted on the 2nd of December, 2020.
22 hedge funds and large institutions have $68.3M invested in Gores Metropoulos, Inc. Unit in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 12 closing their positions.
31% less funds holding
Funds holding: 32 → 22 (-10)
48% less capital invested
Capital invested by funds: $132M → $68.3M (-$63.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.01M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$800K |
| 3 |
Walleye Capital
New York
|
+$168K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$167K |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Element Capital Management
New York
|
-$19.1M |
| 2 |
Millennium Management
New York
|
-$16.7M |
| 3 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$9.54M |
| 4 |
CIM
Cowen Investment Management
New York
|
-$3.21M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$2.65M | -250,000 | Closed |
|
|
KPF
27
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$2.14M | -202,000 | Closed |
|
|
SCM
28
Shaolin Capital Management
Miami,
Florida
| – | -$1.06M | -100,000 | Closed |
|
|
BFM
29
Boothbay Fund Management
New York
| – | -$946K | -91,251 | Closed |
|
|
KC
30
Kepos Capital
New York
| – | -$939K | -69,496 | Closed |
|
|
BCM
31
Basso Capital Management
Stamford,
Connecticut
| – | -$585K | -55,097 | Closed |
|
|
CAC
32
Cowen and Company
New York
| – | -$506K | -47,608 | Closed |
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$244K | -23,077 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$1K | -138 | Closed |
|
GMHIU Hedge Fund Activity: Q1 2020 in Review
22 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Gores Metropoulos, Inc. Unit (GMHIU) for Q1 2020, worth a combined $68.3M — down 48% from $132M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GMHIU and 3 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $1.01M. The largest seller was Element Capital Management, exiting entirely with an estimated $19.1M sold.
- 22 institutional investors held Gores Metropoulos, Inc. Unit (GMHIU) as of Q1 2020, down from 32 in Q4 2019.
- Funds reported $68.3M of Gores Metropoulos, Inc. Unit stock for Q1 2020, down 48% quarter-over-quarter.
- 3 funds opened new Gores Metropoulos, Inc. Unit positions in Q1 2020 and 12 closed out, a net change of -9 holders.
- The largest Gores Metropoulos, Inc. Unit buyer in Q1 2020 was Magnetar Financial, an estimated $1.01M added.
- The largest Gores Metropoulos, Inc. Unit seller in Q1 2020 was Element Capital Management, an estimated $19.1M sold.
Based on aggregated 13F filings for Q1 2020.