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.
24 hedge funds and large institutions have $47.6M invested in ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 16 closing their positions.
37% less funds holding
Funds holding: 38 → 24 (-14)
38% less capital invested
Capital invested by funds: $76.6M → $47.6M (-$29.1M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$758K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1K |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$40 |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$5.04M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.74M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.22M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$3.01M |
| 5 |
Millennium Management
New York
|
-$2.74M |
IACB.U Hedge Fund Activity: Q3 2021 in Review
24 of the 5,728 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 Q3 2021, worth a combined $47.6M — down 38% from $76.6M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IACB.U and 2 opened new positions — a net loss of 14 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $758K. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $5.04M sold.
- 24 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 Q3 2021, down from 38 in Q2 2021.
- Funds reported $47.6M of ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o stock for Q3 2021, down 38% quarter-over-quarter.
- 2 funds opened new ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o positions in Q3 2021 and 16 closed out, a net change of -14 holders.
- The largest ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o buyer in Q3 2021 was Virtu Financial, an estimated $758K added.
- The largest ION Acquisition Corp 2 Ltd. Units, each consisting of one Class A ordinary share and one-eighth of o seller in Q3 2021 was Schonfeld Strategic Advisors, an estimated $5.04M sold.
Based on aggregated 13F filings for Q3 2021.