Group Nine Acquisition Corp. Class A Common stock
GNAC
GNAC was delisted on the 21st of December, 2022.
69 hedge funds and large institutions have $202M invested in Group Nine Acquisition Corp. Class A Common stock in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
10% more funds holding
Funds holding: 63 → 69 (+6)
7% more capital invested
Capital invested by funds: $190M → $202M (+$12.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.1M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.07M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$3.42M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.41M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$13.3M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$3.77M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$2.93M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$2.35M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$515K |
GNAC Hedge Fund Activity: Q3 2022 in Review
69 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Group Nine Acquisition Corp. Class A Common stock (GNAC) for Q3 2022, worth a combined $202M — up 6.7% from $190M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GNAC positions and 5 closed out — a net gain of 7 holders — while 20 added to existing stakes and 10 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $7.1M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $13.3M sold.
- 69 institutional investors held Group Nine Acquisition Corp. Class A Common stock (GNAC) as of Q3 2022, up from 63 in Q2 2022.
- Funds reported $202M of Group Nine Acquisition Corp. Class A Common stock stock for Q3 2022, up 6.7% quarter-over-quarter.
- 12 funds opened new Group Nine Acquisition Corp. Class A Common stock positions in Q3 2022 and 5 closed out, a net change of +7 holders.
- The largest Group Nine Acquisition Corp. Class A Common stock buyer in Q3 2022 was Goldman Sachs, an estimated $7.1M added.
- The largest Group Nine Acquisition Corp. Class A Common stock seller in Q3 2022 was Empyrean Capital Partners, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2022.