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.
14 hedge funds and large institutions have $8.53M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
6% less capital invested
Capital invested by funds: $9.12M → $8.53M (-$589K)
22% less funds holding
Funds holding: 18 → 14 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$3.82M |
| 2 |
CS
Clear Street
New York
|
+$443K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$42.8K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$22.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$4.05M |
| 2 |
CCM
Corsair Capital Management
New York
|
-$400K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$255K |
| 4 |
E
Ergoteles
New York
|
-$201K |
| 5 |
Jane Street
New York
|
-$70.6K |
GSQD.U Hedge Fund Activity: Q4 2022 in Review
14 of the 6,222 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 Q4 2022, worth a combined $8.53M — down 6.5% from $9.12M 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 4 trimmed existing stakes and 4 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $3.82M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $4.05M sold.
- 14 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 Q4 2022, down from 18 in Q3 2022.
- Funds reported $8.53M 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 Q4 2022, down 6.5% 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 Q4 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 Q4 2022 was Glazer Capital LLC, an estimated $3.82M 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 Q4 2022 was TIG Advisors LLC, an estimated $4.05M sold.
Based on aggregated 13F filings for Q4 2022.