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
| 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
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHAM
1
HITE Hedge Asset Management
Braintree,
Massachusetts
| $11.3M | -$38M | -1,363,863 | -85% |
|
|
VF
2
Virtu Financial
New York
| $2.15M | +$1.31M | +47,134 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $219K | +$134K | +4,800 | New |
|
|
UR
4
USCA RIA
Houston,
Texas
| $217K | -$146K | -5,250 | -53% |
|
|
CCA
5
Childress Capital Advisors
Houston,
Texas
| $46K | +$27.8K | +1,000 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $36K | +$22.2K | +799 | New |
|
7
Morgan Stanley
New York
| $5K | – | – | – |
|
|
MF
8
Magnetar Financial
Evanston,
Illinois
| – | -$11.7M | -686,649 | Closed |
|
|
PC
9
Periscope Capital
Toronto,
Ontario, Canada
| – | -$9.45M | -552,894 | Closed |
|
|
PI
10
Putnam Investments
Boston,
Massachusetts
| – | -$4.27M | -250,000 | Closed |
|
|
OAC
11
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$4.27M | -249,999 | Closed |
|
12
Goldman Sachs
New York
| – | -$2.56M | -150,000 | Closed |
|
|
LA
13
Linden Advisors
New York
| – | -$1.23M | -72,076 | Closed |
|
|
CC
14
Centiva Capital
New York
| – | -$511K | -29,916 | Closed |
|
|
FIA
15
FNY Investment Advisers
New York
| – | -$13.8K | -495 | -98% |
|
SBE.U Hedge Fund Activity: Q4 2020 in Review
9 of the 5,651 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.