Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock,
KCAC.U
KCAC.U was delisted on the 1st of October, 2021.
15 hedge funds and large institutions have $40.5M invested in Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 28 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
56% less capital invested
Capital invested by funds: $92.2M → $40.5M (-$51.8M)
65% less funds holding
Funds holding: 43 → 15 (-28)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$5.77M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$538K |
| 3 |
VF
Virtu Financial
New York
|
+$118K |
| 4 |
Rockefeller Capital Management
New York
|
+$96.9K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$10.4M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$4.61M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$4.02M |
| 4 |
KC
Kepos Capital
New York
|
-$3.9M |
| 5 |
TAL
TIG Advisors LLC
New York
|
-$2.91M |
KCAC.U Hedge Fund Activity: Q3 2021 in Review
15 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, (KCAC.U) for Q3 2021, worth a combined $40.5M — down 56% from $92.2M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of KCAC.U and 1 opened new positions — a net loss of 27 holders — while 2 trimmed existing stakes and 6 added.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $5.77M. The largest seller was Senator Investment Group, exiting entirely with an estimated $10.4M sold.
- 15 institutional investors held Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, (KCAC.U) as of Q3 2021, down from 43 in Q2 2021.
- Funds reported $40.5M of Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, stock for Q3 2021, down 56% quarter-over-quarter.
- 1 fund opened new Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, positions in Q3 2021 and 28 closed out, a net change of -27 holders.
- The largest Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, buyer in Q3 2021 was Beryl Capital Management, an estimated $5.77M added.
- The largest Kensington Capital Acquisition Corp. II Units, each consisting of one share of Class A common stock, seller in Q3 2021 was Senator Investment Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2021.