Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc
SBE.WS
SBE.WS was delisted on the 26th of February, 2021.
27 hedge funds and large institutions have $87.5M invested in Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc in 2020 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 8 closing their positions.
423% more capital invested
Capital invested by funds: $16.7M → $87.5M (+$70.7M)
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
42% more funds holding
Funds holding: 19 → 27 (+8)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$8.29M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
+$5.21M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
+$1.8M |
| 4 |
AC
Athanor Capital
New York
|
+$1.73M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.3M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$2.73M |
| 3 |
YCM
Yaupon Capital Management
New York
|
-$2.1M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.74M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| $56K | +$30.4K | +3,645 | New |
|
27
UBS Group
Zurich,
Switzerland
| $54K | +$26.2K | +3,140 | +915% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$668 | +80 | New |
|
|
DKCM
29
Davidson Kempner Capital Management
New York
| – | -$2.73M | -582,607 | Closed |
|
|
AIMCA
30
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$1.41M | -300,000 | Closed |
|
|
SMH
31
Sanders Morris Harris
Houston,
Texas
| – | -$901K | -219,742 | Closed |
|
|
32
Marshall Wace
London,
United Kingdom
| – | -$1.67M | -199,998 | Closed |
|
|
TCM
33
Tenor Capital Management
New York
| – | -$547K | -116,639 | Closed |
|
|
SCM
34
Shaolin Capital Management
Miami,
Florida
| – | -$77K | -16,507 | Closed |
|
|
FDCDDQ
35
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$14.1K | -3,000 | Closed |
|
|
PAM
36
Panagora Asset Management
Boston,
Massachusetts
| – | -$8K | -1,631 | Closed |
|
SBE.WS Hedge Fund Activity: Q4 2020 in Review
27 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc (SBE.WS) for Q4 2020, worth a combined $87.5M — up 423% from $16.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SBE.WS positions and 8 closed out — a net gain of 9 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $8.29M. The largest seller was Adage Capital Partners, cutting an estimated $5.3M.
- 27 institutional investors held Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc (SBE.WS) as of Q4 2020, up from 19 in Q3 2020.
- Funds reported $87.5M of Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc stock for Q4 2020, up 423% quarter-over-quarter.
- 17 funds opened new Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc positions in Q4 2020 and 8 closed out, a net change of +9 holders.
- The largest Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc buyer in Q4 2020 was Ionic Capital Management, an estimated $8.29M added.
- The largest Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc seller in Q4 2020 was Adage Capital Partners, an estimated $5.3M sold.
Based on aggregated 13F filings for Q4 2020.