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.
13 hedge funds and large institutions have $40M invested in Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 25 closing their positions.
64% less funds holding
Funds holding: 36 → 13 (-23)
66% less capital invested
Capital invested by funds: $119M → $40M (-$79.2M)
92% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 25
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$459K |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$84.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$18.4M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$16.3M |
| 3 |
Millennium Management
New York
|
-$8.24M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.4M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.13M |
SBG.U Hedge Fund Activity: Q1 2021 in Review
13 of the 5,695 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 Q1 2021, worth a combined $40M — down 66% from $119M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SBG.U and 2 opened new positions — a net loss of 23 holders — while 5 trimmed existing stakes and 0 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $459K. The largest seller was Magnetar Financial, exiting entirely with an estimated $18.4M sold.
- 13 institutional investors held Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o (SBG.U) as of Q1 2021, down from 36 in Q4 2020.
- Funds reported $40M of Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o stock for Q1 2021, down 66% quarter-over-quarter.
- 2 funds opened new Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o positions in Q1 2021 and 25 closed out, a net change of -23 holders.
- The largest Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o buyer in Q1 2021 was Flow Traders U.S., an estimated $459K added.
- The largest Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o seller in Q1 2021 was Magnetar Financial, an estimated $18.4M sold.
Based on aggregated 13F filings for Q1 2021.