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.
29 hedge funds and large institutions have $50.4M 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 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 7 closing their positions.
15% less funds holding
Funds holding: 34 → 29 (-5)
31% less capital invested
Capital invested by funds: $73M → $50.4M (-$22.6M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$31.6K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$21.2K |
| 3 |
CS
Clear Street
New York
|
+$12K |
| 4 |
Walleye Capital
New York
|
+$4.37K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$413 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPCM
Darlington Partners Capital Management
Greenbrae,
California
|
-$7.42M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$6.97M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$992K |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$422K |
| 5 |
RA
Ramius Advisors
New York
|
-$333K |
IPVA.U Hedge Fund Activity: Q1 2022 in Review
29 of the 6,360 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 Q1 2022, worth a combined $50.4M — down 31% from $73M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IPVA.U and 3 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $31.6K. The largest seller was Darlington Partners Capital Management, exiting entirely with an estimated $7.42M sold.
- 29 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 Q1 2022, down from 34 in Q4 2021.
- Funds reported $50.4M 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 Q1 2022, down 31% quarter-over-quarter.
- 3 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 Q1 2022 and 7 closed out, a net change of -4 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 Q1 2022 was Glazer Capital LLC, an estimated $31.6K 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 Q1 2022 was Darlington Partners Capital Management, an estimated $7.42M sold.
Based on aggregated 13F filings for Q1 2022.