Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o
SBG.U
SBG.U was delisted on the 15th of July, 2021.
36 hedge funds and large institutions have $119M invested in Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 24 closing their positions.
28% less funds holding
Funds holding: 50 → 36 (-14)
37% less capital invested
Capital invested by funds: $189M → $119M (-$69.9M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.52M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$2.38M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.35M |
| 4 |
RA
Ramius Advisors
New York
|
+$760K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$17.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.98M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$6.49M |
| 4 |
LA
Linden Advisors
New York
|
-$6.49M |
| 5 |
CAC
Cowen and Company
New York
|
-$4.99M |
SBG.U Hedge Fund Activity: Q4 2020 in Review
36 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o (SBG.U) for Q4 2020, worth a combined $119M — down 37% from $189M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SBG.U and 10 opened new positions — a net loss of 14 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $2.52M. The largest seller was Weiss Asset Management, cutting an estimated $17.3M.
- 36 institutional investors held Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o (SBG.U) as of Q4 2020, down from 50 in Q3 2020.
- Funds reported $119M of Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o stock for Q4 2020, down 37% quarter-over-quarter.
- 10 funds opened new Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o positions in Q4 2020 and 24 closed out, a net change of -14 holders.
- The largest Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o buyer in Q4 2020 was JP Morgan Chase, an estimated $2.52M added.
- The largest Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o seller in Q4 2020 was Weiss Asset Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2020.