TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth
PACE.U
PACE.U was delisted on the 20th of September, 2021.
12 hedge funds and large institutions have $18.4M invested in TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 40 closing their positions.
76% less funds holding
Funds holding: 49 → 12 (-37)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
91% less capital invested
Capital invested by funds: $206M → $18.4M (-$187M)
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 40
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$403K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.54K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.27K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$1.47K |
Top Sellers
PACE.U Hedge Fund Activity: Q1 2021 in Review
12 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth (PACE.U) for Q1 2021, worth a combined $18.4M — down 91% from $206M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of PACE.U and 3 opened new positions — a net loss of 37 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $403K. The largest seller was Light Street Capital Management, exiting entirely with an estimated $51.1M sold.
- 12 institutional investors held TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth (PACE.U) as of Q1 2021, down from 49 in Q4 2020.
- Funds reported $18.4M of TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth stock for Q1 2021, down 91% quarter-over-quarter.
- 3 funds opened new TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth positions in Q1 2021 and 40 closed out, a net change of -37 holders.
- The largest TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth buyer in Q1 2021 was Hudson Bay Capital Management, an estimated $403K added.
- The largest TPG Pace Tech Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fifth seller in Q1 2021 was Light Street Capital Management, an estimated $51.1M sold.
Based on aggregated 13F filings for Q1 2021.