Gores Metropoulos, Inc. Unit
GMHIU
GMHIU was delisted on the 2nd of December, 2020.
35 hedge funds and large institutions have $224M invested in Gores Metropoulos, Inc. Unit in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 18 closing their positions.
31% less funds holding
Funds holding: 51 → 35 (-16)
31% less capital invested
Capital invested by funds: $327M → $224M (-$103M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$15M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.55M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.57M |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$11.4K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$413 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$20.5M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$13.6M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$13.6M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$10.2M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$10.2M |
GMHIU Hedge Fund Activity: Q2 2019 in Review
35 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gores Metropoulos, Inc. Unit (GMHIU) for Q2 2019, worth a combined $224M — down 31% from $327M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of GMHIU and 2 opened new positions — a net loss of 16 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was TD Asset Management, opening a new position worth an estimated $15M. The largest seller was Governors Lane, exiting entirely with an estimated $20.5M sold.
- 35 institutional investors held Gores Metropoulos, Inc. Unit (GMHIU) as of Q2 2019, down from 51 in Q1 2019.
- Funds reported $224M of Gores Metropoulos, Inc. Unit stock for Q2 2019, down 31% quarter-over-quarter.
- 2 funds opened new Gores Metropoulos, Inc. Unit positions in Q2 2019 and 18 closed out, a net change of -16 holders.
- The largest Gores Metropoulos, Inc. Unit buyer in Q2 2019 was TD Asset Management, an estimated $15M added.
- The largest Gores Metropoulos, Inc. Unit seller in Q2 2019 was Governors Lane, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2019.