IG Acquisition Corp. Class A Common Stock
IGAC
IGAC was delisted on the 11th of January, 2023.
25 hedge funds and large institutions have $19.9M invested in IG Acquisition Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
32% more funds holding
Funds holding: 19 → 25 (+6)
48% less capital invested
Capital invested by funds: $38.2M → $19.9M (-$18.2M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
99% less call options, than puts
Call options by funds: $18K | Put options by funds: $1.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$1.25M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.14M |
| 3 |
GCWM
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
|
+$946K |
| 4 |
WAM
Warberg Asset Management
Winnetka,
Illinois
|
+$550K |
| 5 |
DCM
Difesa Capital Management
New York
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$10.5M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.8M |
| 3 |
Millennium Management
New York
|
-$3.98M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.13M |
| 5 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
26
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$4.8M | -478,605 | Closed |
|
|
27
Millennium Management
New York
| – | -$3.98M | -397,974 | Closed |
|
|
LCM
28
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$1.26M | -126,339 | Closed |
|
IGAC Hedge Fund Activity: Q4 2022 in Review
25 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in IG Acquisition Corp. Class A Common Stock (IGAC) for Q4 2022, worth a combined $19.9M — down 48% from $38.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IGAC positions and 4 closed out — a net gain of 6 holders — while 1 added to existing stakes and 6 trimmed.
The largest buyer was Cowen and Company, opening a new position worth an estimated $1.25M. The largest seller was HSBC Holdings, exiting entirely with an estimated $10.5M sold.
- 25 institutional investors held IG Acquisition Corp. Class A Common Stock (IGAC) as of Q4 2022, up from 19 in Q3 2022.
- Funds reported $19.9M of IG Acquisition Corp. Class A Common Stock stock for Q4 2022, down 48% quarter-over-quarter.
- 10 funds opened new IG Acquisition Corp. Class A Common Stock positions in Q4 2022 and 4 closed out, a net change of +6 holders.
- The largest IG Acquisition Corp. Class A Common Stock buyer in Q4 2022 was Cowen and Company, an estimated $1.25M added.
- The largest IG Acquisition Corp. Class A Common Stock seller in Q4 2022 was HSBC Holdings, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2022.