Group Nine Acquisition Corp. Unit
GNACU
GNACU was delisted on the 19th of December, 2022.
13 hedge funds and large institutions have $5.62M invested in Group Nine Acquisition Corp. Unit in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
24% less funds holding
Funds holding: 17 → 13 (-4)
42% less capital invested
Capital invested by funds: $9.69M → $5.62M (-$4.07M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$990 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.97M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$739K |
| 3 |
CS
Clear Street
New York
|
-$125K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$122K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $2.96M | -$2.97M | -300,000 | -50% |
|
2
Calamos Advisors
Naperville,
Illinois
| $993K | – | – | – |
|
|
HF
3
HRT Financial
New York
| $735K | – | – | – |
|
4
Millennium Management
New York
| $469K | – | – | – |
|
5
Walleye Capital
New York
| $180K | – | – | – |
|
|
LCM
6
Landscape Capital Management
Englewood,
New Jersey
| $102K | – | – | – |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $88K | -$10.9K | -1,100 | -11% |
|
|
GCL
8
Glazer Capital LLC
New York
| $62K | +$990 | +100 | +2% |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| $16K | -$9.9K | -1,000 | -37% |
|
10
UBS Group
Zurich,
Switzerland
| $16K | – | – | – |
|
|
CS
11
Clear Street
New York
| $1K | -$125K | -12,604 | -99% |
|
|
MF
12
Magnetar Financial
Evanston,
Illinois
| – | -$2.83K | -286,002 | Closed |
|
|
13
Janus Henderson Group
London,
United Kingdom
| – | -$739K | -74,669 | Closed |
|
|
SMC
14
Smith, Moore & Co
Clayton,
Missouri
| – | -$122K | -12,300 | Closed |
|
|
BFM
15
Boothbay Fund Management
New York
| – | -$101K | -10,207 | Closed |
|
GNACU Hedge Fund Activity: Q3 2022 in Review
13 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Group Nine Acquisition Corp. Unit (GNACU) for Q3 2022, worth a combined $5.62M — down 42% from $9.69M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GNACU and 0 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Glazer Capital LLC, adding an estimated $990. The largest seller was HGC Investment Management, cutting an estimated $2.97M.
- 13 institutional investors held Group Nine Acquisition Corp. Unit (GNACU) as of Q3 2022, down from 17 in Q2 2022.
- Funds reported $5.62M of Group Nine Acquisition Corp. Unit stock for Q3 2022, down 42% quarter-over-quarter.
- 0 funds opened new Group Nine Acquisition Corp. Unit positions in Q3 2022 and 4 closed out, a net change of -4 holders.
- The largest Group Nine Acquisition Corp. Unit buyer in Q3 2022 was Glazer Capital LLC, an estimated $990 added.
- The largest Group Nine Acquisition Corp. Unit seller in Q3 2022 was HGC Investment Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q3 2022.