Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of
RTP.U
RTP.U was delisted on the 10th of August, 2021.
39 hedge funds and large institutions have $360M invested in Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 40 closing their positions.
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less capital invested
Capital invested by funds: $632M → $360M (-$273M)
43% less funds holding
Funds holding: 69 → 39 (-30)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
75% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cowbird Capital
New York
|
+$5.88M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
+$3.3M |
| 3 |
BlackRock
New York
|
+$1.82M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.51M |
| 5 |
IP
Intellectus Partners
San Francisco,
California
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$49.8M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$37.8M |
| 3 |
Millennium Management
New York
|
-$31.5M |
| 4 |
GL
Governors Lane
New York
|
-$23M |
| 5 |
MCM
Moore Capital Management
New York
|
-$23M |
RTP.U Hedge Fund Activity: Q4 2020 in Review
39 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of (RTP.U) for Q4 2020, worth a combined $360M — down 43% from $632M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of RTP.U and 10 opened new positions — a net loss of 30 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Cowbird Capital, opening a new position worth an estimated $5.88M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $49.8M sold.
- 39 institutional investors held Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of (RTP.U) as of Q4 2020, down from 69 in Q3 2020.
- Funds reported $360M of Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of stock for Q4 2020, down 43% quarter-over-quarter.
- 10 funds opened new Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of positions in Q4 2020 and 40 closed out, a net change of -30 holders.
- The largest Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of buyer in Q4 2020 was Cowbird Capital, an estimated $5.88M added.
- The largest Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of seller in Q4 2020 was Alyeska Investment Group, an estimated $49.8M sold.
Based on aggregated 13F filings for Q4 2020.