ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on
IACA.U
IACA.U was delisted on the 29th of June, 2021.
9 hedge funds and large institutions have $36.9M invested in ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 16 closing their positions.
45% less capital invested
Capital invested by funds: $66.6M → $36.9M (-$29.7M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
63% less funds holding
Funds holding: 24 → 9 (-15)
94% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$24.5M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$5.14M |
| 3 |
FIA
FNY Investment Advisers
New York
|
+$1.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$13.5M |
| 2 |
KC
Kepos Capital
New York
|
-$6.04M |
| 3 |
UM
Ulysses Management
New York
|
-$6.04M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$5.13M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.91M |
IACA.U Hedge Fund Activity: Q1 2021 in Review
9 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on (IACA.U) for Q1 2021, worth a combined $36.9M — down 45% from $66.6M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IACA.U and 1 opened new positions — a net loss of 15 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was BAMCO Inc, opening a new position worth an estimated $24.5M. The largest seller was Clal Insurance, exiting entirely with an estimated $13.5M sold.
- 9 institutional investors held ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on (IACA.U) as of Q1 2021, down from 24 in Q4 2020.
- Funds reported $36.9M of ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on stock for Q1 2021, down 45% quarter-over-quarter.
- 1 fund opened new ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on positions in Q1 2021 and 16 closed out, a net change of -15 holders.
- The largest ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on buyer in Q1 2021 was BAMCO Inc, an estimated $24.5M added.
- The largest ION Acquisition Corp 1 Ltd. Units, each consisting of one Class A ordinary share and one-fifth of on seller in Q1 2021 was Clal Insurance, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2021.