G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares
GSQB.U
GSQB.U was delisted on the 15th of June, 2023.
18 hedge funds and large institutions have $16.7M invested in G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares in 2022 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
14% less capital invested
Capital invested by funds: $19.4M → $16.7M (-$2.65M)
14% less funds holding
Funds holding: 21 → 18 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$612K |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$569K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$37.6K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$36.5K |
| 5 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$5.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$649K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$541K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$496K |
| 4 |
Millennium Management
New York
|
-$116K |
| 5 |
CS
Clear Street
New York
|
-$18K |
GSQB.U Hedge Fund Activity: Q2 2022 in Review
18 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares (GSQB.U) for Q2 2022, worth a combined $16.7M — down 14% from $19.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GSQB.U and 0 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Schechter Investment Advisors, adding an estimated $612K. The largest seller was Sage Mountain Advisors, cutting an estimated $649K.
- 18 institutional investors held G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares (GSQB.U) as of Q2 2022, down from 21 in Q1 2022.
- Funds reported $16.7M of G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares stock for Q2 2022, down 14% quarter-over-quarter.
- 0 funds opened new G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares positions in Q2 2022 and 3 closed out, a net change of -3 holders.
- The largest G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares buyer in Q2 2022 was Schechter Investment Advisors, an estimated $612K added.
- The largest G Squared Ascend II Inc. Units, each consisting of one Class A ordinary share and one-third of a redeemable Warrant to acquire one Class A ordinary shares seller in Q2 2022 was Sage Mountain Advisors, an estimated $649K sold.
Based on aggregated 13F filings for Q2 2022.