IG Acquisition Corp. Class A Common Stock
IGAC
IGAC was delisted on the 11th of January, 2023.
19 hedge funds and large institutions have $38.2M invested in IG Acquisition Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 63 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
76% less funds holding
Funds holding: 80 → 19 (-61)
85% less capital invested
Capital invested by funds: $252M → $38.2M (-$214M)
87% less call options, than puts
Call options by funds: $200K | Put options by funds: $1.58M
95% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 63
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.88M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$267K |
| 3 |
Walleye Capital
New York
|
+$214K |
| 4 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$137K |
| 5 |
HF
HRT Financial
New York
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$26.4M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$18.6M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$13.5M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$11.9M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$11.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YCM
76
Yakira Capital Management
Westport,
Connecticut
| – | -$137K | -13,839 | Closed |
|
|
MTIM
77
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$102K | -10,300 | Closed |
|
|
PCM
78
Penserra Capital Management
Orinda,
California
| – | -$31K | -3,221 | Closed |
|
|
FIA
79
FNY Investment Advisers
New York
| – | -$29K | -3,000 | Closed |
|
|
MI
80
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$29K | -2,901 | Closed |
|
|
BBPWM
81
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$5K | -500 | Closed |
|
82
Simplex Trading
Chicago,
Illinois
| – | +$10 | +1 | New |
|
IGAC Hedge Fund Activity: Q3 2022 in Review
19 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in IG Acquisition Corp. Class A Common Stock (IGAC) for Q3 2022, worth a combined $38.2M — down 85% from $252M a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of IGAC and 3 opened new positions — a net loss of 60 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Meteora Capital, adding an estimated $2.88M. The largest seller was Linden Advisors, exiting entirely with an estimated $26.4M sold.
- 19 institutional investors held IG Acquisition Corp. Class A Common Stock (IGAC) as of Q3 2022, down from 80 in Q2 2022.
- Funds reported $38.2M of IG Acquisition Corp. Class A Common Stock stock for Q3 2022, down 85% quarter-over-quarter.
- 3 funds opened new IG Acquisition Corp. Class A Common Stock positions in Q3 2022 and 63 closed out, a net change of -60 holders.
- The largest IG Acquisition Corp. Class A Common Stock buyer in Q3 2022 was Meteora Capital, an estimated $2.88M added.
- The largest IG Acquisition Corp. Class A Common Stock seller in Q3 2022 was Linden Advisors, an estimated $26.4M sold.
Based on aggregated 13F filings for Q3 2022.