Switchback Energy Acquisition Corporation
SBE.U
SBE.U was delisted on the 26th of February, 2021.
35 hedge funds and large institutions have $156M invested in Switchback Energy Acquisition Corporation in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 10 closing their positions.
17% less funds holding
Funds holding: 42 → 35 (-7)
28% less capital invested
Capital invested by funds: $218M → $156M (-$61.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.25M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$250K |
Top Sellers
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$24M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$10M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
-$9M |
| 4 |
KC
Kepos Capital
New York
|
-$8.28M |
| 5 |
LA
Linden Advisors
New York
|
-$7M |
SBE.U Hedge Fund Activity: Q4 2019 in Review
35 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Switchback Energy Acquisition Corporation (SBE.U) for Q4 2019, worth a combined $156M — down 28% from $218M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SBE.U and 3 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Oxford Asset Management, opening a new position worth an estimated $1.25M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $24M sold.
- 35 institutional investors held Switchback Energy Acquisition Corporation (SBE.U) as of Q4 2019, down from 42 in Q3 2019.
- Funds reported $156M of Switchback Energy Acquisition Corporation stock for Q4 2019, down 28% quarter-over-quarter.
- 3 funds opened new Switchback Energy Acquisition Corporation positions in Q4 2019 and 10 closed out, a net change of -7 holders.
- The largest Switchback Energy Acquisition Corporation buyer in Q4 2019 was Oxford Asset Management, an estimated $1.25M added.
- The largest Switchback Energy Acquisition Corporation seller in Q4 2019 was Adage Capital Partners, an estimated $24M sold.
Based on aggregated 13F filings for Q4 2019.