ScION Tech Growth II Units
SCOBU
SCOBU was delisted on the 9th of February, 2023.
54 hedge funds and large institutions have $116M invested in ScION Tech Growth II Units in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 52 closing their positions.
48% less funds holding
Funds holding: 103 → 54 (-49)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
59% less capital invested
Capital invested by funds: $284M → $116M (-$169M)
94% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 52
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$2.13M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$655K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$529K |
| 4 |
KC
Kepos Capital
New York
|
+$501K |
| 5 |
CAC
Cowen and Company
New York
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17M |
| 2 |
SC
Sculptor Capital
New York
|
-$10M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$7.02M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$6.97M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$6.47M |
SCOBU Hedge Fund Activity: Q2 2021 in Review
54 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ScION Tech Growth II Units (SCOBU) for Q2 2021, worth a combined $116M — down 59% from $284M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of SCOBU and 3 opened new positions — a net loss of 49 holders — while 17 trimmed existing stakes and 8 added.
The largest buyer was Glazer Capital LLC, adding an estimated $2.13M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $17M sold.
- 54 institutional investors held ScION Tech Growth II Units (SCOBU) as of Q2 2021, down from 103 in Q1 2021.
- Funds reported $116M of ScION Tech Growth II Units stock for Q2 2021, down 59% quarter-over-quarter.
- 3 funds opened new ScION Tech Growth II Units positions in Q2 2021 and 52 closed out, a net change of -49 holders.
- The largest ScION Tech Growth II Units buyer in Q2 2021 was Glazer Capital LLC, an estimated $2.13M added.
- The largest ScION Tech Growth II Units seller in Q2 2021 was Adage Capital Partners, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2021.