Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
LEAP.U was delisted on the 12th of August, 2022.
24 hedge funds and large institutions have $148M invested in Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 11 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
29% less funds holding
Funds holding: 34 → 24 (-10)
47% less capital invested
Capital invested by funds: $279M → $148M (-$131M)
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EMJ Capital
Toronto,
Ontario, Canada
|
+$6.01M |
| 2 |
BCP
Berylson Capital Partners
Boston,
Massachusetts
|
+$2.98M |
| 3 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$2.89M |
| 4 |
OWP
Old Well Partners
Charlotte,
North Carolina
|
+$107K |
| 5 |
Bank of New York Mellon
New York
|
+$61.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Marcho Partners
London,
United Kingdom
|
-$43.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.74M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Adage Capital Partners
Boston,
Massachusetts
| – | -$15.9M | -1,060,367 | Closed |
|
|
27
Point72 Asset Management
Stamford,
Connecticut
| – | -$3.74M | -250,000 | Closed |
|
|
28
Alyeska Investment Group
Chicago,
Illinois
| – | -$2.99M | -200,000 | Closed |
|
|
ECM
29
ExodusPoint Capital Management
New York
| – | -$997K | -66,600 | Closed |
|
30
Jane Street
New York
| – | -$753K | -50,316 | Closed |
|
|
ECM
31
Element Capital Management
New York
| – | -$749K | -50,000 | Closed |
|
|
PGM
32
Parian Global Management
Pound Ridge,
New York
| – | -$524K | -35,000 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$512K | -34,207 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$44K | -2,954 | Closed |
|
LEAP.U Hedge Fund Activity: Q1 2021 in Review
24 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant (LEAP.U) for Q1 2021, worth a combined $148M — down 47% from $279M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of LEAP.U and 1 opened new positions — a net loss of 10 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was EMJ Capital, opening a new position worth an estimated $6.01M. The largest seller was Marcho Partners, exiting entirely with an estimated $43.3M sold.
- 24 institutional investors held Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant (LEAP.U) as of Q1 2021, down from 34 in Q4 2020.
- Funds reported $148M of Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant stock for Q1 2021, down 47% quarter-over-quarter.
- 1 fund opened new Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant positions in Q1 2021 and 11 closed out, a net change of -10 holders.
- The largest Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant buyer in Q1 2021 was EMJ Capital, an estimated $6.01M added.
- The largest Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant seller in Q1 2021 was Marcho Partners, an estimated $43.3M sold.
Based on aggregated 13F filings for Q1 2021.