IG Acquisition Corp. Unit
IGACU
IGACU was delisted on the 11th of January, 2023.
21 hedge funds and large institutions have $28.1M invested in IG Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, increasing their positions, 10 reducing their positions, and 24 closing their positions.
43% less funds holding
Funds holding: 37 → 21 (-16)
67% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 24
72% less capital invested
Capital invested by funds: $102M → $28.1M (-$74.1M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$275K |
| 2 |
VF
Virtu Financial
New York
|
+$152K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$72.1K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$23.3K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$12.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.8M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$9.3M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8.76M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.21M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$5.68M |
IGACU Hedge Fund Activity: Q1 2021 in Review
21 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in IG Acquisition Corp. Unit (IGACU) for Q1 2021, worth a combined $28.1M — down 72% from $102M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of IGACU and 8 opened new positions — a net loss of 16 holders — while 10 trimmed existing stakes and 0 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $275K. The largest seller was Aristeia Capital, exiting entirely with an estimated $10.8M sold.
- 21 institutional investors held IG Acquisition Corp. Unit (IGACU) as of Q1 2021, down from 37 in Q4 2020.
- Funds reported $28.1M of IG Acquisition Corp. Unit stock for Q1 2021, down 72% quarter-over-quarter.
- 8 funds opened new IG Acquisition Corp. Unit positions in Q1 2021 and 24 closed out, a net change of -16 holders.
- The largest IG Acquisition Corp. Unit buyer in Q1 2021 was Flow Traders U.S., an estimated $275K added.
- The largest IG Acquisition Corp. Unit seller in Q1 2021 was Aristeia Capital, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2021.