Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red
JWS.U
JWS.U was delisted on the 3rd of June, 2021.
35 hedge funds and large institutions have $205M invested in Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 53 closing their positions.
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
58% less funds holding
Funds holding: 83 → 35 (-48)
69% less capital invested
Capital invested by funds: $660M → $205M (-$455M)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
91% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$3.32M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$2.77M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$2.01M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$1.11M |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$27.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$26.6M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$25.1M |
| 4 |
LA
Linden Advisors
New York
|
-$25M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$22.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
76
Cobalt Capital Management
Short Hills,
New Jersey
| – | -$1.04M | -100,000 | Closed |
|
|
MS
77
Maven Securities
St Helier,
Jersey
| – | -$1.05M | -100,000 | Closed |
|
|
GCL
78
Glazer Capital LLC
New York
| – | -$1.04M | -99,840 | Closed |
|
79
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.04M | -99,700 | Closed |
|
|
WRBC
80
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.04M | -99,390 | Closed |
|
|
DCM
81
Dupont Capital Management
Wilmington,
Delaware
| – | -$782K | -75,000 | Closed |
|
|
CAC
82
Cowen and Company
New York
| – | -$343K | -32,904 | Closed |
|
|
EIP
83
Easterly Investment Partners
Beverly,
Massachusetts
| – | -$261K | -25,000 | Closed |
|
|
SCM
84
Saba Capital Management
New York
| – | -$261K | -25,000 | Closed |
|
85
Stifel Financial
St. Louis,
Missouri
| – | -$253K | -24,300 | Closed |
|
|
VCM
86
Vivaldi Capital Management
Chicago,
Illinois
| – | -$156K | -15,000 | Closed |
|
|
KC
87
KCL Capital
New York
| – | -$104K | -10,000 | Closed |
|
|
PAM
88
Panagora Asset Management
Boston,
Massachusetts
| – | -$79K | -7,596 | Closed |
|
JWS.U Hedge Fund Activity: Q3 2020 in Review
35 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red (JWS.U) for Q3 2020, worth a combined $205M — down 69% from $660M a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of JWS.U and 5 opened new positions — a net loss of 48 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was Aristeia Capital, adding an estimated $3.32M. The largest seller was Millennium Management, cutting an estimated $27.4M.
- 35 institutional investors held Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red (JWS.U) as of Q3 2020, down from 83 in Q2 2020.
- Funds reported $205M of Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red stock for Q3 2020, down 69% quarter-over-quarter.
- 5 funds opened new Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red positions in Q3 2020 and 53 closed out, a net change of -48 holders.
- The largest Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red buyer in Q3 2020 was Aristeia Capital, an estimated $3.32M added.
- The largest Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red seller in Q3 2020 was Millennium Management, an estimated $27.4M sold.
Based on aggregated 13F filings for Q3 2020.