InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant
IPVA.U
IPVA.U was delisted on the 6th of December, 2022.
47 hedge funds and large institutions have $124M invested in InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 30 closing their positions.
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
33% less funds holding
Funds holding: 70 → 47 (-23)
44% less capital invested
Capital invested by funds: $224M → $124M (-$99.1M)
77% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.99M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$1.86M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$1.5M |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$1.3M |
| 5 |
CIM
Cowen Investment Management
New York
|
+$998K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$13.5M |
| 2 |
SC
Sculptor Capital
New York
|
-$12.9M |
| 3 |
LA
Linden Advisors
New York
|
-$12.4M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$11.2M |
| 5 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$7.42M |
IPVA.U Hedge Fund Activity: Q2 2021 in Review
47 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (IPVA.U) for Q2 2021, worth a combined $124M — down 44% from $224M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of IPVA.U and 7 opened new positions — a net loss of 23 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Citadel Advisors, adding an estimated $3.99M. The largest seller was Kepos Capital, cutting an estimated $13.5M.
- 47 institutional investors held InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (IPVA.U) as of Q2 2021, down from 70 in Q1 2021.
- Funds reported $124M of InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant stock for Q2 2021, down 44% quarter-over-quarter.
- 7 funds opened new InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant positions in Q2 2021 and 30 closed out, a net change of -23 holders.
- The largest InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant buyer in Q2 2021 was Citadel Advisors, an estimated $3.99M added.
- The largest InterPrivate II Acquisition Corp. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant seller in Q2 2021 was Kepos Capital, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2021.