ESS Tech
46 hedge funds and large institutions have $140M invested in ESS Tech in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 31 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.82% less ownership
Funds ownership: 5.59% → 3.77% (-1.8%)
32% less funds holding
Funds holding: 68 → 46 (-22)
32% less capital invested
Capital invested by funds: $208M → $140M (-$67.2M)
71% less first-time investments, than exits
New positions opened: 9 | 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 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$6.42M |
| 4 |
KC
Kepos Capital
New York
|
-$5.71M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.95M |
GWH Hedge Fund Activity: Q3 2021 in Review
46 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in ESS Tech (GWH) for Q3 2021, worth a combined $140M — down 32% from $208M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GWH and 9 opened new positions — a net loss of 22 holders — while 12 trimmed existing stakes and 14 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 68 in Q2 2021.
- Funds reported $140M of ESS Tech stock for Q3 2021, down 32% quarter-over-quarter.
- 9 funds opened new ESS Tech positions in Q3 2021 and 31 closed out, a net change of -22 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.