Seaport Global Acquisition II Corp. Class A Common Stock
SGII
SGII was delisted on the 1st of December, 2023.
22 hedge funds and large institutions have $35.6M invested in Seaport Global Acquisition II Corp. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 6 closing their positions.
4% less funds holding
Funds holding: 23 → 22 (-1)
13% less capital invested
Capital invested by funds: $40.7M → $35.6M (-$5.1M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.19M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.41M |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
+$2.31M |
| 4 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$1.59M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.51M |
| 2 |
AI
Arena Investors
Purchase,
New York
|
-$3.12M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$3.12M |
| 4 |
QL
Quarry LP
New York
|
-$2.68M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$277K | -26,564 | Closed |
|
|
RCM
27
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$12.5K | -1,200 | Closed |
|
SGII Hedge Fund Activity: Q3 2023 in Review
22 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Seaport Global Acquisition II Corp. Class A Common Stock (SGII) for Q3 2023, worth a combined $35.6M — down 13% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGII and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 3 added.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $3.19M. The largest seller was Periscope Capital, cutting an estimated $3.51M.
- 22 institutional investors held Seaport Global Acquisition II Corp. Class A Common Stock (SGII) as of Q3 2023, down from 23 in Q2 2023.
- Funds reported $35.6M of Seaport Global Acquisition II Corp. Class A Common Stock stock for Q3 2023, down 13% quarter-over-quarter.
- 5 funds opened new Seaport Global Acquisition II Corp. Class A Common Stock positions in Q3 2023 and 6 closed out, a net change of -1 holder.
- The largest Seaport Global Acquisition II Corp. Class A Common Stock buyer in Q3 2023 was First Trust Capital Management, an estimated $3.19M added.
- The largest Seaport Global Acquisition II Corp. Class A Common Stock seller in Q3 2023 was Periscope Capital, an estimated $3.51M sold.
Based on aggregated 13F filings for Q3 2023.