Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir
IIAC.U
IIAC.U was delisted on the 17th of December, 2021.
24 hedge funds and large institutions have $57.3M invested in Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 39 closing their positions.
61% less funds holding
Funds holding: 61 → 24 (-37)
79% less capital invested
Capital invested by funds: $267M → $57.3M (-$210M)
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
95% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$5.31M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$1.72M |
| 3 |
Morgan Stanley
New York
|
+$21.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$21.6M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$18M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$15.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$15.5M |
| 5 |
Millennium Management
New York
|
-$13.1M |
IIAC.U Hedge Fund Activity: Q1 2021 in Review
24 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir (IIAC.U) for Q1 2021, worth a combined $57.3M — down 79% from $267M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of IIAC.U and 2 opened new positions — a net loss of 37 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $5.31M. The largest seller was Baupost Group, exiting entirely with an estimated $21.6M sold.
- 24 institutional investors held Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir (IIAC.U) as of Q1 2021, down from 61 in Q4 2020.
- Funds reported $57.3M of Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir stock for Q1 2021, down 79% quarter-over-quarter.
- 2 funds opened new Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir positions in Q1 2021 and 39 closed out, a net change of -37 holders.
- The largest Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir buyer in Q1 2021 was Amundi Asset Management US, an estimated $5.31M added.
- The largest Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir seller in Q1 2021 was Baupost Group, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2021.