ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o
IACB.U
IACB.U was delisted on the 30th of November, 2021.
38 hedge funds and large institutions have $76.6M invested in ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 47 closing their positions.
54% less funds holding
Funds holding: 82 → 38 (-44)
57% less capital invested
Capital invested by funds: $180M → $76.6M (-$103M)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
94% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$786K |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$697K |
| 3 |
Walleye Capital
New York
|
+$295K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$111K |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$60.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Marcho Partners
London,
United Kingdom
|
-$14.2M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$12.9M |
| 3 |
TP
Third Point
New York
|
-$10.2M |
| 4 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$5.58M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.08M |
IACB.U Hedge Fund Activity: Q2 2021 in Review
38 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o (IACB.U) for Q2 2021, worth a combined $76.6M — down 57% from $180M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of IACB.U and 3 opened new positions — a net loss of 44 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Glazer Capital LLC, adding an estimated $786K. The largest seller was Marcho Partners, exiting entirely with an estimated $14.2M sold.
- 38 institutional investors held ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o (IACB.U) as of Q2 2021, down from 82 in Q1 2021.
- Funds reported $76.6M of ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o stock for Q2 2021, down 57% quarter-over-quarter.
- 3 funds opened new ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o positions in Q2 2021 and 47 closed out, a net change of -44 holders.
- The largest ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o buyer in Q2 2021 was Glazer Capital LLC, an estimated $786K added.
- The largest ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o seller in Q2 2021 was Marcho Partners, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2021.