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.
18 hedge funds and large institutions have $9.12M 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 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
9% less capital invested
Capital invested by funds: $10M → $9.12M (-$911K)
18% less funds holding
Funds holding: 22 → 18 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$147K |
| 2 |
Jane Street
New York
|
+$78.1K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$75.3K |
| 4 |
CS
Clear Street
New York
|
+$48.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$797K |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$252K |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$146K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$57.2K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$57.2K |
GSQD.U Hedge Fund Activity: Q3 2022 in Review
18 of the 5,806 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 Q3 2022, worth a combined $9.12M — down 9.1% from $10M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GSQD.U and 1 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $147K. The largest seller was Virtu Financial, exiting entirely with an estimated $797K sold.
- 18 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 Q3 2022, down from 22 in Q2 2022.
- Funds reported $9.12M 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 Q3 2022, down 9.1% quarter-over-quarter.
- 1 fund 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 Q3 2022 and 5 closed out, a net change of -4 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 Q3 2022 was Cubist Systematic Strategies, an estimated $147K 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 Q3 2022 was Virtu Financial, an estimated $797K sold.
Based on aggregated 13F filings for Q3 2022.