SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on
SCVX.U
SCVX.U was delisted on the 7th of March, 2022.
38 hedge funds and large institutions have $99.4M invested in SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 13 reducing their positions, and 14 closing their positions.
19% less funds holding
Funds holding: 47 → 38 (-9)
43% less capital invested
Capital invested by funds: $174M → $99.4M (-$74.3M)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
92% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$2.53M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$846K |
| 3 |
KC
Kepos Capital
New York
|
+$762K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$665K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.4M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$12M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$7.47M |
| 4 |
LA
Linden Advisors
New York
|
-$7.23M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.07M |
SCVX.U Hedge Fund Activity: Q2 2020 in Review
38 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on (SCVX.U) for Q2 2020, worth a combined $99.4M — down 43% from $174M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SCVX.U and 5 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 1 added.
The largest buyer was Cowen Investment Management, opening a new position worth an estimated $2.53M. The largest seller was Millennium Management, cutting an estimated $12.4M.
- 38 institutional investors held SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on (SCVX.U) as of Q2 2020, down from 47 in Q1 2020.
- Funds reported $99.4M of SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on stock for Q2 2020, down 43% quarter-over-quarter.
- 5 funds opened new SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on positions in Q2 2020 and 14 closed out, a net change of -9 holders.
- The largest SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on buyer in Q2 2020 was Cowen Investment Management, an estimated $2.53M added.
- The largest SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on seller in Q2 2020 was Millennium Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2020.