ScION Tech Growth I Unit
SCOAU
SCOAU was delisted on the 21st of December, 2022.
27 hedge funds and large institutions have $30.9M invested in ScION Tech Growth I Unit in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
10% less funds holding
Funds holding: 30 → 27 (-3)
30% less capital invested
Capital invested by funds: $44.3M → $30.9M (-$13.5M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$2.47M |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$998K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$445K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$396K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.71M |
| 2 |
TAL
TIG Advisors LLC
New York
|
-$1.99M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.81M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.71M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$1.24M |
SCOAU Hedge Fund Activity: Q2 2022 in Review
27 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ScION Tech Growth I Unit (SCOAU) for Q2 2022, worth a combined $30.9M — down 30% from $44.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SCOAU and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was HGC Investment Management, adding an estimated $2.47M. The largest seller was Magnetar Financial, cutting an estimated $2.71M.
- 27 institutional investors held ScION Tech Growth I Unit (SCOAU) as of Q2 2022, down from 30 in Q1 2022.
- Funds reported $30.9M of ScION Tech Growth I Unit stock for Q2 2022, down 30% quarter-over-quarter.
- 3 funds opened new ScION Tech Growth I Unit positions in Q2 2022 and 6 closed out, a net change of -3 holders.
- The largest ScION Tech Growth I Unit buyer in Q2 2022 was HGC Investment Management, an estimated $2.47M added.
- The largest ScION Tech Growth I Unit seller in Q2 2022 was Magnetar Financial, an estimated $2.71M sold.
Based on aggregated 13F filings for Q2 2022.