Group Nine Acquisition Corp. Class A Common stock
GNAC
GNAC was delisted on the 21st of December, 2022.
63 hedge funds and large institutions have $190M invested in Group Nine Acquisition Corp. Class A Common stock in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 4 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
1% more capital invested
Capital invested by funds: $189M → $190M (+$1M)
2% less funds holding
Funds holding: 64 → 63 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$5.36M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.54M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.47M |
| 4 |
Millennium Management
New York
|
+$1.06M |
| 5 |
SCM
Saba Capital Management
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$7.04M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.93M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$275K |
| 4 |
GH
GAM Holding
Zurich,
Switzerland
|
-$151K |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$134K |
GNAC Hedge Fund Activity: Q2 2022 in Review
63 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Group Nine Acquisition Corp. Class A Common stock (GNAC) for Q2 2022, worth a combined $190M — up 0.53% from $189M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GNAC and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 14 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $5.36M. The largest seller was Evermore Global Advisors, exiting entirely with an estimated $7.04M sold.
- 63 institutional investors held Group Nine Acquisition Corp. Class A Common stock (GNAC) as of Q2 2022, down from 64 in Q1 2022.
- Funds reported $190M of Group Nine Acquisition Corp. Class A Common stock stock for Q2 2022, up 0.53% quarter-over-quarter.
- 3 funds opened new Group Nine Acquisition Corp. Class A Common stock positions in Q2 2022 and 4 closed out, a net change of -1 holder.
- The largest Group Nine Acquisition Corp. Class A Common stock buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $5.36M added.
- The largest Group Nine Acquisition Corp. Class A Common stock seller in Q2 2022 was Evermore Global Advisors, an estimated $7.04M sold.
Based on aggregated 13F filings for Q2 2022.