Sandbridge X2 Corp.
SBII
SBII was delisted on the 29th of November, 2022.
67 hedge funds and large institutions have $203M invested in Sandbridge X2 Corp. in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $177M → $203M (+$25.7M)
5% more funds holding
Funds holding: 64 → 67 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$12.9M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.85M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$6.47M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.41M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$5.36M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.93M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$3.16M |
| 4 |
Goldman Sachs
New York
|
-$1.81M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$656K |
SBII Hedge Fund Activity: Q3 2022 in Review
67 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sandbridge X2 Corp. (SBII) for Q3 2022, worth a combined $203M — up 15% from $177M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SBII positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $12.9M. The largest seller was TFG Asset Management, exiting entirely with an estimated $5.36M sold.
- 67 institutional investors held Sandbridge X2 Corp. (SBII) as of Q3 2022, up from 64 in Q2 2022.
- Funds reported $203M of Sandbridge X2 Corp. stock for Q3 2022, up 15% quarter-over-quarter.
- 9 funds opened new Sandbridge X2 Corp. positions in Q3 2022 and 6 closed out, a net change of +3 holders.
- The largest Sandbridge X2 Corp. buyer in Q3 2022 was Magnetar Financial, an estimated $12.9M added.
- The largest Sandbridge X2 Corp. seller in Q3 2022 was TFG Asset Management, an estimated $5.36M sold.
Based on aggregated 13F filings for Q3 2022.