Group Nine Acquisition Corp. Class A Common stock
GNAC
GNAC was delisted on the 21st of December, 2022.
50 hedge funds and large institutions have $150M invested in Group Nine Acquisition Corp. Class A Common stock in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
67% more capital invested
Capital invested by funds: $89.5M → $150M (+$60.2M)
28% more funds holding
Funds holding: 39 → 50 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$15.5M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$13.3M |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$11.3M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$6.56M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.92M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.97M |
| 3 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$1.48M |
| 4 |
SCP
Soroban Capital Partners
New York
|
-$1.23M |
| 5 |
Squarepoint
New York
|
-$936K |
GNAC Hedge Fund Activity: Q2 2021 in Review
50 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Group Nine Acquisition Corp. Class A Common stock (GNAC) for Q2 2021, worth a combined $150M — up 67% from $89.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GNAC positions and 4 closed out — a net gain of 11 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $15.5M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.92M sold.
- 50 institutional investors held Group Nine Acquisition Corp. Class A Common stock (GNAC) as of Q2 2021, up from 39 in Q1 2021.
- Funds reported $150M of Group Nine Acquisition Corp. Class A Common stock stock for Q2 2021, up 67% quarter-over-quarter.
- 15 funds opened new Group Nine Acquisition Corp. Class A Common stock positions in Q2 2021 and 4 closed out, a net change of +11 holders.
- The largest Group Nine Acquisition Corp. Class A Common stock buyer in Q2 2021 was Aristeia Capital, an estimated $15.5M added.
- The largest Group Nine Acquisition Corp. Class A Common stock seller in Q2 2021 was Weiss Asset Management, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2021.