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.
24 hedge funds and large institutions have $22.6M 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 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
17% less funds holding
Funds holding: 29 → 24 (-5)
55% less capital invested
Capital invested by funds: $50.4M → $22.6M (-$27.9M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPCM
Darlington Partners Capital Management
Greenbrae,
California
|
+$7.37M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$147K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$19.2K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$9.82K |
| 5 |
Walleye Capital
New York
|
+$2.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$19.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.24M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$2.31M |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$1.95M |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$1.57M |
IPVA.U Hedge Fund Activity: Q2 2022 in Review
24 of the 5,959 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 2022, worth a combined $22.6M — down 55% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IPVA.U and 3 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Darlington Partners Capital Management, opening a new position worth an estimated $7.37M. The largest seller was Magnetar Financial, exiting entirely with an estimated $19.5M sold.
- 24 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 2022, down from 29 in Q1 2022.
- Funds reported $22.6M 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 2022, down 55% 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 Q2 2022 and 8 closed out, a net change of -5 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 2022 was Darlington Partners Capital Management, an estimated $7.37M 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 2022 was Magnetar Financial, an estimated $19.5M sold.
Based on aggregated 13F filings for Q2 2022.