Group Nine Acquisition Corp. Unit
GNACU
GNACU was delisted on the 19th of December, 2022.
31 hedge funds and large institutions have $54.9M invested in Group Nine Acquisition Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 16 closing their positions.
30% less funds holding
Funds holding: 44 → 31 (-13)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
55% less capital invested
Capital invested by funds: $121M → $54.9M (-$66M)
81% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.36M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$559K |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$169K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$147K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$60.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$16M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$13.8M |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$12.2M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$5.97M |
| 5 |
KC
Kepos Capital
New York
|
-$3.25M |
GNACU Hedge Fund Activity: Q2 2021 in Review
31 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Group Nine Acquisition Corp. Unit (GNACU) for Q2 2021, worth a combined $54.9M — down 55% from $121M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of GNACU and 3 opened new positions — a net loss of 13 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Shaolin Capital Management, adding an estimated $1.36M. The largest seller was Aristeia Capital, exiting entirely with an estimated $16M sold.
- 31 institutional investors held Group Nine Acquisition Corp. Unit (GNACU) as of Q2 2021, down from 44 in Q1 2021.
- Funds reported $54.9M of Group Nine Acquisition Corp. Unit stock for Q2 2021, down 55% quarter-over-quarter.
- 3 funds opened new Group Nine Acquisition Corp. Unit positions in Q2 2021 and 16 closed out, a net change of -13 holders.
- The largest Group Nine Acquisition Corp. Unit buyer in Q2 2021 was Shaolin Capital Management, an estimated $1.36M added.
- The largest Group Nine Acquisition Corp. Unit seller in Q2 2021 was Aristeia Capital, an estimated $16M sold.
Based on aggregated 13F filings for Q2 2021.