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.
22 hedge funds and large institutions have $32.4M 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 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
4% less funds holding
Funds holding: 23 → 22 (-1)
27% less capital invested
Capital invested by funds: $44.3M → $32.4M (-$11.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.96M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$239K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$16.6K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.1K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$6.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$13M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$743K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$409K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$11.1K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$7.22K |
SBII.U Hedge Fund Activity: Q3 2022 in Review
22 of the 5,828 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 Q3 2022, worth a combined $32.4M — down 27% from $44.3M a quarter earlier.
Fund positioning in SBII.U was balanced in Q3 2022: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, adding an estimated $1.96M. The largest seller was Magnetar Financial, exiting entirely with an estimated $13M sold.
- 22 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 Q3 2022, down from 23 in Q2 2022.
- Funds reported $32.4M of Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q3 2022, down 27% 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 Q3 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 Q3 2022 was Jane Street, an estimated $1.96M 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 Q3 2022 was Magnetar Financial, an estimated $13M sold.
Based on aggregated 13F filings for Q3 2022.