G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share
GSQD.U
GSQD.U was delisted on the 8th of February, 2023.
46 hedge funds and large institutions have $136M invested in G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 47 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
44% less capital invested
Capital invested by funds: $244M → $136M (-$108M)
49% less funds holding
Funds holding: 91 → 46 (-45)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.98M |
| 2 |
D.E. Shaw & Co
New York
|
+$3.41M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.36M |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$779K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$10.3M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$5.98M |
| 3 |
Millennium Management
New York
|
-$5.47M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.23M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$5M |
GSQD.U Hedge Fund Activity: Q2 2021 in Review
46 of the 5,768 institutional investors tracked by Wall St. Rank reported a position in G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share (GSQD.U) for Q2 2021, worth a combined $136M — down 44% from $244M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of GSQD.U and 2 opened new positions — a net loss of 45 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, adding an estimated $5.98M. The largest seller was Marshall Wace, exiting entirely with an estimated $10.3M sold.
- 46 institutional investors held G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share (GSQD.U) as of Q2 2021, down from 91 in Q1 2021.
- Funds reported $136M of G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share stock for Q2 2021, down 44% quarter-over-quarter.
- 2 funds opened new G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share positions in Q2 2021 and 47 closed out, a net change of -45 holders.
- The largest G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share buyer in Q2 2021 was Citadel Advisors, an estimated $5.98M added.
- The largest G Squared Ascend I Inc. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share seller in Q2 2021 was Marshall Wace, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2021.