Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of
ROT.U
ROT.U was delisted on the 24th of September, 2021.
21 hedge funds and large institutions have $29M invested in Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 12 reducing their positions, and 43 closing their positions.
67% less funds holding
Funds holding: 64 → 21 (-43)
76% less capital invested
Capital invested by funds: $120M → $29M (-$91.5M)
92% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 12
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$1.76M |
| 2 |
VF
Virtu Financial
New York
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.5M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$6.87M |
| 3 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$5.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.13M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$5.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CLG
51
Cooperman Leon G
| – | -$400K | -40,000 | Closed |
|
|
JG
52
Jefferies Group
New York
| – | -$400K | -40,000 | Closed |
|
53
Walleye Trading
New York
| – | -$400K | -40,000 | Closed |
|
|
GCIA
54
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$356K | -35,600 | Closed |
|
55
Goldman Sachs
New York
| – | -$349K | -34,900 | Closed |
|
|
GF
56
Gabelli Funds
Rye,
New York
| – | -$344K | -34,400 | Closed |
|
|
WMSA
57
Weiss Multi-Strategy Advisers
New York
| – | -$323K | -32,306 | Closed |
|
|
CC
58
Centiva Capital
New York
| – | -$310K | -31,000 | Closed |
|
|
OCAM
59
Owl Creek Asset Management
New York
| – | -$200K | -20,000 | Closed |
|
|
WC
60
Wealthspring Capital
West Harrison,
New York
| – | -$179K | -17,850 | Closed |
|
|
PCM
61
Prelude Capital Management
New York
| – | -$150K | -15,000 | Closed |
|
62
Jane Street
New York
| – | -$124K | -12,349 | Closed |
|
|
SMA
63
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$118K | -11,800 | Closed |
|
|
COPPSERS
64
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$100K | -10,000 | Closed |
|
ROT.U Hedge Fund Activity: Q2 2021 in Review
21 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of (ROT.U) for Q2 2021, worth a combined $29M — down 76% from $120M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of ROT.U and 1 opened new positions — a net loss of 42 holders — while 12 trimmed existing stakes and 1 added.
The largest buyer was Castle Creek Arbitrage, adding an estimated $1.76M. The largest seller was Millennium Management, cutting an estimated $15.5M.
- 21 institutional investors held Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of (ROT.U) as of Q2 2021, down from 64 in Q1 2021.
- Funds reported $29M of Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of stock for Q2 2021, down 76% quarter-over-quarter.
- 1 fund opened new Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of positions in Q2 2021 and 43 closed out, a net change of -42 holders.
- The largest Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of buyer in Q2 2021 was Castle Creek Arbitrage, an estimated $1.76M added.
- The largest Rotor Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of seller in Q2 2021 was Millennium Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2021.