ESS Tech
46 hedge funds and large institutions have $140M invested in ESS Tech in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 31 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
1.8% less ownership
Funds ownership: 5.58% → 3.77% (-1.8%)
29% less capital invested
Capital invested by funds: $198M → $140M (-$58M)
31% less funds holding
Funds holding: 67 → 46 (-21)
68% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$8.49M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$3.2M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$3.08M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.64M |
| 5 |
Millennium Management
New York
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$12.1M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.06M |
| 3 |
KC
Kepos Capital
New York
|
-$5.71M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.95M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.95M |
GWH Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in ESS Tech (GWH) for Q3 2021, worth a combined $140M — down 29% from $198M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GWH and 10 opened new positions — a net loss of 21 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Glazer Capital LLC, adding an estimated $8.49M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $12.1M sold.
- 46 institutional investors held ESS Tech (GWH) as of Q3 2021, down from 67 in Q2 2021.
- Funds reported $140M of ESS Tech stock for Q3 2021, down 29% quarter-over-quarter.
- 10 funds opened new ESS Tech positions in Q3 2021 and 31 closed out, a net change of -21 holders.
- The largest ESS Tech buyer in Q3 2021 was Glazer Capital LLC, an estimated $8.49M added.
- The largest ESS Tech seller in Q3 2021 was Weiss Asset Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2021.