Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant
LGV.U
LGV.U was delisted on the 13th of December, 2022.
24 hedge funds and large institutions have $98.8M invested in Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 41 closing their positions.
61% less funds holding
Funds holding: 62 → 24 (-38)
70% less capital invested
Capital invested by funds: $333M → $98.8M (-$234M)
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 41
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$382K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$299K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$103K |
| 4 |
Jane Street
New York
|
+$9.98K |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$5.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$32.6M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$27.7M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$22.2M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$15.5M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$12.7M |
LGV.U Hedge Fund Activity: Q3 2021 in Review
24 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant (LGV.U) for Q3 2021, worth a combined $98.8M — down 70% from $333M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LGV.U and 3 opened new positions — a net loss of 38 holders — while 13 trimmed existing stakes and 2 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $382K. The largest seller was Security Benefit Life Insurance Company, exiting entirely with an estimated $32.6M sold.
- 24 institutional investors held Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant (LGV.U) as of Q3 2021, down from 62 in Q2 2021.
- Funds reported $98.8M of Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant stock for Q3 2021, down 70% quarter-over-quarter.
- 3 funds opened new Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant positions in Q3 2021 and 41 closed out, a net change of -38 holders.
- The largest Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant buyer in Q3 2021 was Virtu Financial, an estimated $382K added.
- The largest Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant seller in Q3 2021 was Security Benefit Life Insurance Company, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2021.