Switchback Energy Acquisition Corporation
SBE.U
SBE.U was delisted on the 26th of February, 2021.
12 hedge funds and large institutions have $61.8M invested in Switchback Energy Acquisition Corporation in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 14 closing their positions.
32% less capital invested
Capital invested by funds: $91.2M → $61.8M (-$29.4M)
43% less funds holding
Funds holding: 21 → 12 (-9)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$855K |
| 2 |
CC
Centiva Capital
New York
|
+$355K |
| 3 |
UR
USCA RIA
Houston,
Texas
|
+$119K |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$5.99K |
| 5 |
Morgan Stanley
New York
|
+$1.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$20.6M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$9.04M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.51M |
| 4 |
HP
Hartree Partners
New York
|
-$5.25M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$4.61M |
SBE.U Hedge Fund Activity: Q3 2020 in Review
12 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Switchback Energy Acquisition Corporation (SBE.U) for Q3 2020, worth a combined $61.8M — down 32% from $91.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SBE.U and 5 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 0 added.
The largest buyer was Linden Advisors, opening a new position worth an estimated $855K. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $20.6M sold.
- 12 institutional investors held Switchback Energy Acquisition Corporation (SBE.U) as of Q3 2020, down from 21 in Q2 2020.
- Funds reported $61.8M of Switchback Energy Acquisition Corporation stock for Q3 2020, down 32% quarter-over-quarter.
- 5 funds opened new Switchback Energy Acquisition Corporation positions in Q3 2020 and 14 closed out, a net change of -9 holders.
- The largest Switchback Energy Acquisition Corporation buyer in Q3 2020 was Linden Advisors, an estimated $855K added.
- The largest Switchback Energy Acquisition Corporation seller in Q3 2020 was Davidson Kempner Capital Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q3 2020.