GX Acquisiton Corp. Unit
GXGXU
GXGXU was delisted on the 16th of July, 2021.
31 hedge funds and large institutions have $111M invested in GX Acquisiton Corp. Unit in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 29 → 31 (+2)
11% less capital invested
Capital invested by funds: $124M → $111M (-$13.3M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.11M |
| 2 |
CAC
Cowen and Company
New York
|
+$695K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$125K |
| 4 |
Walleye Trading
New York
|
+$73K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$13.3M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$2.19M |
| 3 |
Goldman Sachs
New York
|
-$2.1M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.06M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
26
Ionic Capital Management
New York
| $520K | -$28.2K | -2,747 | -5% |
|
|
FIA
27
FNY Investment Advisers
New York
| $235K | -$6.37K | -620 | -3% |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $132K | -$1.28M | -125,100 | -91% |
|
|
PAM
29
Panagora Asset Management
Boston,
Massachusetts
| $49K | – | – | – |
|
|
OCAM
30
Owl Creek Asset Management
New York
| – | -$2.19M | -197,200 | Closed |
|
|
31
Goldman Sachs
New York
| – | -$2.1M | -189,712 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | +$164 | +16 | New |
|
33
Morgan Stanley
New York
| – | +$329 | +32 | New |
|
GXGXU Hedge Fund Activity: Q4 2019 in Review
31 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in GX Acquisiton Corp. Unit (GXGXU) for Q4 2019, worth a combined $111M — down 11% from $124M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GXGXU positions and 2 closed out — a net gain of 2 holders — while 4 added to existing stakes and 9 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $4.11M. The largest seller was HGC Investment Management, cutting an estimated $13.3M.
- 31 institutional investors held GX Acquisiton Corp. Unit (GXGXU) as of Q4 2019, up from 29 in Q3 2019.
- Funds reported $111M of GX Acquisiton Corp. Unit stock for Q4 2019, down 11% quarter-over-quarter.
- 4 funds opened new GX Acquisiton Corp. Unit positions in Q4 2019 and 2 closed out, a net change of +2 holders.
- The largest GX Acquisiton Corp. Unit buyer in Q4 2019 was UBS O'Connor, an estimated $4.11M added.
- The largest GX Acquisiton Corp. Unit seller in Q4 2019 was HGC Investment Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2019.