ION Acquisition Corp 1 Ltd.
IACA
IACA was delisted on the 29th of June, 2021.
45 hedge funds and large institutions have $81.5M invested in ION Acquisition Corp 1 Ltd. in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 17 closing their positions.
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
73% more funds holding
Funds holding: 26 → 45 (+19)
8% less capital invested
Capital invested by funds: $88.9M → $81.5M (-$7.34M)
68% less call options, than puts
Call options by funds: $229K | Put options by funds: $717K
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$14.2M |
| 2 |
SAM
Sycomore Asset Management
Paris,
France
|
+$10.7M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$9.49M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$7.44M |
| 5 |
UM
Ulysses Management
New York
|
+$5.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$22.3M |
| 2 |
Millennium Management
New York
|
-$10.6M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$9.67M |
| 4 |
NC
Noked Capital
Tel Aviv,
Israel
|
-$8.54M |
| 5 |
NI
Noked Israel
Ramat Hasharon,
Israel
|
-$8.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
51
Sphera Funds Management
Tel Aviv,
Israel
| – | -$1.77M | -150,000 | Closed |
|
|
LA
52
Linden Advisors
New York
| – | -$1.28M | -109,000 | Closed |
|
|
SRFM
53
Shannon River Fund Management
New York
| – | -$1.15M | -97,531 | Closed |
|
|
CCA
54
Castle Creek Arbitrage
Avon,
Colorado
| – | -$1.03M | -87,557 | Closed |
|
|
CC
55
Centiva Capital
New York
| – | -$589K | -50,000 | Closed |
|
|
WRBC
56
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$466K | -39,583 | Closed |
|
57
Walleye Capital
New York
| – | -$388 | -32,964 | Closed |
|
|
RCM
58
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$339K | -28,804 | Closed |
|
|
WAM
59
Wolverine Asset Management
Chicago,
Illinois
| – | -$309K | -26,310 | Closed |
|
|
DCM
60
Dupont Capital Management
Wilmington,
Delaware
| – | -$294K | -24,995 | Closed |
|
61
Walleye Trading
New York
| – | -$255K | -21,642 | Closed |
|
|
HIIFS
62
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$568K | -15,000 | Closed |
|
IACA Hedge Fund Activity: Q1 2021 in Review
45 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in ION Acquisition Corp 1 Ltd. (IACA) for Q1 2021, worth a combined $81.5M — down 8.3% from $88.9M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new IACA positions and 17 closed out — a net gain of 19 holders — while 1 added to existing stakes and 7 trimmed.
The largest buyer was Clal Insurance, opening a new position worth an estimated $14.2M. The largest seller was BAMCO Inc, cutting an estimated $22.3M.
- 45 institutional investors held ION Acquisition Corp 1 Ltd. (IACA) as of Q1 2021, up from 26 in Q4 2020.
- Funds reported $81.5M of ION Acquisition Corp 1 Ltd. stock for Q1 2021, down 8.3% quarter-over-quarter.
- 36 funds opened new ION Acquisition Corp 1 Ltd. positions in Q1 2021 and 17 closed out, a net change of +19 holders.
- The largest ION Acquisition Corp 1 Ltd. buyer in Q1 2021 was Clal Insurance, an estimated $14.2M added.
- The largest ION Acquisition Corp 1 Ltd. seller in Q1 2021 was BAMCO Inc, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2021.