InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant
IPVF.U
IPVF.U was delisted on the 22nd of November, 2023.
39 hedge funds and large institutions have $110M invested in InterPrivate III Financial Partners Inc. 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 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 33 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
41% less funds holding
Funds holding: 66 → 39 (-27)
51% less capital invested
Capital invested by funds: $226M → $110M (-$115M)
82% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.49M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
+$1.4M |
| 3 |
CIM
Cowen Investment Management
New York
|
+$997K |
| 4 |
CAC
Cowen and Company
New York
|
+$704K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$12.6M |
| 2 |
LA
Linden Advisors
New York
|
-$12.3M |
| 3 |
KC
Kepos Capital
New York
|
-$12.2M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$11.1M |
| 5 |
SC
Sculptor Capital
New York
|
-$9.99M |
IPVF.U Hedge Fund Activity: Q2 2021 in Review
39 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (IPVF.U) for Q2 2021, worth a combined $110M — down 51% from $226M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of IPVF.U and 6 opened new positions — a net loss of 27 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Periscope Capital, adding an estimated $2.49M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $12.6M sold.
- 39 institutional investors held InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (IPVF.U) as of Q2 2021, down from 66 in Q1 2021.
- Funds reported $110M of InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant stock for Q2 2021, down 51% quarter-over-quarter.
- 6 funds opened new InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant positions in Q2 2021 and 33 closed out, a net change of -27 holders.
- The largest InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant buyer in Q2 2021 was Periscope Capital, an estimated $2.49M added.
- The largest InterPrivate III Financial Partners Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant seller in Q2 2021 was Weiss Asset Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2021.