Software Acquisition Group Inc. II Unit
SAIIU
SAIIU was delisted on the 12th of August, 2021.
27 hedge funds and large institutions have $45.9M invested in Software Acquisition Group Inc. II Unit in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 23 closing their positions.
40% less funds holding
Funds holding: 45 → 27 (-18)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
67% less capital invested
Capital invested by funds: $139M → $45.9M (-$92.6M)
78% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$2.99M |
| 2 |
VF
Virtu Financial
New York
|
+$1.52M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$505K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$177K |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$17.8M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$14.7M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.95M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.48M |
| 5 |
LA
Linden Advisors
New York
|
-$6.47M |
SAIIU Hedge Fund Activity: Q4 2020 in Review
27 of the 5,677 institutional investors tracked by Wall St. Rank reported a position in Software Acquisition Group Inc. II Unit (SAIIU) for Q4 2020, worth a combined $45.9M — down 67% from $139M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SAIIU and 5 opened new positions — a net loss of 18 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Glazer Capital LLC, adding an estimated $2.99M. The largest seller was B. Riley Financial, exiting entirely with an estimated $17.8M sold.
- 27 institutional investors held Software Acquisition Group Inc. II Unit (SAIIU) as of Q4 2020, down from 45 in Q3 2020.
- Funds reported $45.9M of Software Acquisition Group Inc. II Unit stock for Q4 2020, down 67% quarter-over-quarter.
- 5 funds opened new Software Acquisition Group Inc. II Unit positions in Q4 2020 and 23 closed out, a net change of -18 holders.
- The largest Software Acquisition Group Inc. II Unit buyer in Q4 2020 was Glazer Capital LLC, an estimated $2.99M added.
- The largest Software Acquisition Group Inc. II Unit seller in Q4 2020 was B. Riley Financial, an estimated $17.8M sold.
Based on aggregated 13F filings for Q4 2020.