Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
SBII.U
SBII.U was delisted on the 25th of November, 2022.
23 hedge funds and large institutions have $31.3M invested in Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.
13% more capital invested
Capital invested by funds: $27.6M → $31.3M (+$3.72M)
0% more funds holding
Funds holding: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$19.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$888K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$29.3K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$9.87K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$6.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.5M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.09M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$741K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$90.5K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$78.9K |
SBII.U Hedge Fund Activity: Q2 2022 in Review
23 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (SBII.U) for Q2 2022, worth a combined $31.3M — up 13% from $27.6M a quarter earlier.
Fund positioning in SBII.U was balanced in Q2 2022: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 4 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $19.5M. The largest seller was Magnetar Financial, cutting an estimated $1.5M.
- 23 institutional investors held Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (SBII.U) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $31.3M of Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q2 2022, up 13% quarter-over-quarter.
- 2 funds opened new Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q2 2022 and 2 closed out, a net change of 0 holders.
- The largest Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q2 2022 was Allianz Asset Management, an estimated $19.5M added.
- The largest Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q2 2022 was Magnetar Financial, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2022.