Group Nine Acquisition Corp. Unit
GNACU
GNACU was delisted on the 19th of December, 2022.
16 hedge funds and large institutions have $15.5M invested in Group Nine Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
16% less funds holding
Funds holding: 19 → 16 (-3)
37% less capital invested
Capital invested by funds: $24.6M → $15.5M (-$9.05M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$60.2K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.7K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$16.5K |
| 4 |
Walleye Capital
New York
|
+$12K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$5.45M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$3.06M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$152K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$106K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$5K |
GNACU Hedge Fund Activity: Q1 2022 in Review
16 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Group Nine Acquisition Corp. Unit (GNACU) for Q1 2022, worth a combined $15.5M — down 37% from $24.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GNACU and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $60.2K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $5.45M sold.
- 16 institutional investors held Group Nine Acquisition Corp. Unit (GNACU) as of Q1 2022, down from 19 in Q4 2021.
- Funds reported $15.5M of Group Nine Acquisition Corp. Unit stock for Q1 2022, down 37% quarter-over-quarter.
- 1 fund opened new Group Nine Acquisition Corp. Unit positions in Q1 2022 and 4 closed out, a net change of -3 holders.
- The largest Group Nine Acquisition Corp. Unit buyer in Q1 2022 was Glazer Capital LLC, an estimated $60.2K added.
- The largest Group Nine Acquisition Corp. Unit seller in Q1 2022 was Shaolin Capital Management, an estimated $5.45M sold.
Based on aggregated 13F filings for Q1 2022.