Switchback Energy Acquisition Corporation
SBE.U
SBE.U was delisted on the 26th of February, 2021.
9 hedge funds and large institutions have $14M invested in Switchback Energy Acquisition Corporation in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, 3 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less funds holding
Funds holding: 12 → 9 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
77% less capital invested
Capital invested by funds: $61.8M → $14M (-$47.8M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.31M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$134K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$22.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$38M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$11.7M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.45M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$4.27M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.27M |
SBE.U Hedge Fund Activity: Q4 2020 in Review
9 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Switchback Energy Acquisition Corporation (SBE.U) for Q4 2020, worth a combined $14M — down 77% from $61.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SBE.U and 4 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.31M. The largest seller was HITE Hedge Asset Management, cutting an estimated $38M.
- 9 institutional investors held Switchback Energy Acquisition Corporation (SBE.U) as of Q4 2020, down from 12 in Q3 2020.
- Funds reported $14M of Switchback Energy Acquisition Corporation stock for Q4 2020, down 77% quarter-over-quarter.
- 4 funds opened new Switchback Energy Acquisition Corporation positions in Q4 2020 and 7 closed out, a net change of -3 holders.
- The largest Switchback Energy Acquisition Corporation buyer in Q4 2020 was Virtu Financial, an estimated $1.31M added.
- The largest Switchback Energy Acquisition Corporation seller in Q4 2020 was HITE Hedge Asset Management, an estimated $38M sold.
Based on aggregated 13F filings for Q4 2020.