Switchback Energy Acquisition Corporation
SBE.U
SBE.U was delisted on the 26th of February, 2021.
21 hedge funds and large institutions have $91.2M invested in Switchback Energy Acquisition Corporation in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $99.4M → $91.2M (-$8.26M)
16% less funds holding
Funds holding: 25 → 21 (-4)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$420K |
| 2 |
Goldman Sachs
New York
|
+$237K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$10.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.03K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$5.36M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$1.95M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.47M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$761K | -78,067 | Closed |
|
27
Millennium Management
New York
| – | -$406K | -41,623 | Closed |
|
SBE.U Hedge Fund Activity: Q2 2020 in Review
21 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Switchback Energy Acquisition Corporation (SBE.U) for Q2 2020, worth a combined $91.2M — down 8.3% from $99.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SBE.U and 2 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $420K. The largest seller was Myriad Asset Management, exiting entirely with an estimated $5.36M sold.
- 21 institutional investors held Switchback Energy Acquisition Corporation (SBE.U) as of Q2 2020, down from 25 in Q1 2020.
- Funds reported $91.2M of Switchback Energy Acquisition Corporation stock for Q2 2020, down 8.3% quarter-over-quarter.
- 2 funds opened new Switchback Energy Acquisition Corporation positions in Q2 2020 and 6 closed out, a net change of -4 holders.
- The largest Switchback Energy Acquisition Corporation buyer in Q2 2020 was Cowen and Company, an estimated $420K added.
- The largest Switchback Energy Acquisition Corporation seller in Q2 2020 was Myriad Asset Management, an estimated $5.36M sold.
Based on aggregated 13F filings for Q2 2020.