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.
16 hedge funds and large institutions have $16.5M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
1% less capital invested
Capital invested by funds: $16.7M → $16.5M (-$190K)
11% less funds holding
Funds holding: 18 → 16 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$22.1K |
| 2 |
CS
Clear Street
New York
|
+$8.93K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.04K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$99 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$183K |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$162K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$118K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$13.5K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.77K |
GSQB.U Hedge Fund Activity: Q3 2022 in Review
16 of the 5,805 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 Q3 2022, worth a combined $16.5M — down 1.1% from $16.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GSQB.U and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $22.1K. The largest seller was Millennium Management, exiting entirely with an estimated $183K sold.
- 16 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 Q3 2022, down from 18 in Q2 2022.
- Funds reported $16.5M 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 Q3 2022, down 1.1% quarter-over-quarter.
- 1 fund 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 Q3 2022 and 3 closed out, a net change of -2 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 Q3 2022 was Jane Street, an estimated $22.1K 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 Q3 2022 was Millennium Management, an estimated $183K sold.
Based on aggregated 13F filings for Q3 2022.