GSR II Meteora Acquisition Corp. Unit
GSRMU
GSRMU was delisted on the 30th of June, 2023.
31 hedge funds and large institutions have $114M invested in GSR II Meteora Acquisition Corp. Unit in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
47% less funds holding
Funds holding: 59 → 31 (-28)
61% less capital invested
Capital invested by funds: $290M → $114M (-$175M)
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
90% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$30.7M |
| 2 |
SAMU
SONA Asset Management (US)
New York
|
+$2.56M |
| 3 |
CS
Clear Street
New York
|
+$5.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$19.6M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$17.7M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15.2M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$14.1M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$13.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
51
Cohanzick Management
Pleasantville,
New York
| – | -$3.19M | -316,600 | Closed |
|
|
WA
52
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$2.26M | -225,000 | Closed |
|
53
HighTower Advisors
Chicago,
Illinois
| – | -$1.8M | -179,000 | Closed |
|
54
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.52M | -149,900 | Closed |
|
|
AC
55
Ayrton Capital
Westport,
Connecticut
| – | -$1.01M | -100,000 | Closed |
|
|
GT
56
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$1.01M | -100,000 | Closed |
|
|
MSU
57
Mizuho Securities USA
New York
| – | -$1M | -100,000 | Closed |
|
58
Millennium Management
New York
| – | -$830K | -82,500 | Closed |
|
|
VF
59
Virtu Financial
New York
| – | -$323K | -31,975 | Closed |
|
|
WRBC
60
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$269K | -26,659 | Closed |
|
|
OMC
61
Old Mission Capital
Chicago,
Illinois
| – | -$173K | -17,159 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$1K | -80 | Closed |
|
GSRMU Hedge Fund Activity: Q2 2022 in Review
31 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in GSR II Meteora Acquisition Corp. Unit (GSRMU) for Q2 2022, worth a combined $114M — down 61% from $290M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GSRMU and 3 opened new positions — a net loss of 28 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was HGC Investment Management, adding an estimated $30.7M. The largest seller was Saba Capital Management, exiting entirely with an estimated $19.6M sold.
- 31 institutional investors held GSR II Meteora Acquisition Corp. Unit (GSRMU) as of Q2 2022, down from 59 in Q1 2022.
- Funds reported $114M of GSR II Meteora Acquisition Corp. Unit stock for Q2 2022, down 61% quarter-over-quarter.
- 3 funds opened new GSR II Meteora Acquisition Corp. Unit positions in Q2 2022 and 31 closed out, a net change of -28 holders.
- The largest GSR II Meteora Acquisition Corp. Unit buyer in Q2 2022 was HGC Investment Management, an estimated $30.7M added.
- The largest GSR II Meteora Acquisition Corp. Unit seller in Q2 2022 was Saba Capital Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2022.