ESS Tech
67 hedge funds and large institutions have $198M invested in ESS Tech in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
24% more funds holding
Funds holding: 54 → 67 (+13)
10% more capital invested
Capital invested by funds: $181M → $198M (+$17.9M)
0.67% more ownership
Funds ownership: 4.91% → 5.58% (+0.67%)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.6M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.15M |
| 3 |
KC
Kepos Capital
New York
|
+$6.67M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$6.41M |
| 5 |
SCM
Saba Capital Management
New York
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$12.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.2M |
| 3 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$2.71M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$2.66M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
76
Vivaldi Capital Management
Chicago,
Illinois
| – | -$203K | -1,381 | Closed |
|
|
NRCM
77
Northern Right Capital Management
Darien,
Connecticut
| – | -$172K | -1,170 | Closed |
|
78
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$445 | +3 | New |
|
GWH Hedge Fund Activity: Q2 2021 in Review
67 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ESS Tech (GWH) for Q2 2021, worth a combined $198M — up 9.9% from $181M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GWH positions and 11 closed out — a net gain of 13 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $14.6M. The largest seller was RP Investment Advisors, exiting entirely with an estimated $12.6M sold.
- 67 institutional investors held ESS Tech (GWH) as of Q2 2021, up from 54 in Q1 2021.
- Funds reported $198M of ESS Tech stock for Q2 2021, up 9.9% quarter-over-quarter.
- 24 funds opened new ESS Tech positions in Q2 2021 and 11 closed out, a net change of +13 holders.
- The largest ESS Tech buyer in Q2 2021 was Bank of Montreal, an estimated $14.6M added.
- The largest ESS Tech seller in Q2 2021 was RP Investment Advisors, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2021.