SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant
SBXC.U
SBXC.U was delisted on the 16th of October, 2024.
16 hedge funds and large institutions have $36.2M invested in SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 27 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
63% less funds holding
Funds holding: 43 → 16 (-27)
73% less capital invested
Capital invested by funds: $136M → $36.2M (-$99.6M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$243K |
| 2 |
SGM
Seven Grand Managers
Bronxville,
New York
|
+$60.7K |
| 3 |
Walleye Capital
New York
|
+$32.4K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$27.3K |
| 5 |
Walleye Trading
New York
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$13.4M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$8.05M |
| 3 |
SC
Sculptor Capital
New York
|
-$6.34M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$6.04M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$5.54M |
SBXC.U Hedge Fund Activity: Q2 2023 in Review
16 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant (SBXC.U) for Q2 2023, worth a combined $36.2M — down 73% from $136M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SBXC.U and 0 opened new positions — a net loss of 27 holders — while 3 trimmed existing stakes and 6 added.
The largest buyer was HGC Investment Management, adding an estimated $243K. The largest seller was Schechter Investment Advisors, exiting entirely with an estimated $13.4M sold.
- 16 institutional investors held SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant (SBXC.U) as of Q2 2023, down from 43 in Q1 2023.
- Funds reported $36.2M of SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant stock for Q2 2023, down 73% quarter-over-quarter.
- 0 funds opened new SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant positions in Q2 2023 and 27 closed out, a net change of -27 holders.
- The largest SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant buyer in Q2 2023 was HGC Investment Management, an estimated $243K added.
- The largest SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant seller in Q2 2023 was Schechter Investment Advisors, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2023.