Seaport Global Acquisition II Corp. Class A Common Stock
SGII
SGII was delisted on the 1st of December, 2023.
19 hedge funds and large institutions have $40.2M invested in Seaport Global Acquisition II Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 46 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
68% less funds holding
Funds holding: 60 → 19 (-41)
71% less capital invested
Capital invested by funds: $136M → $40.2M (-$96.3M)
89% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.85M |
| 2 |
AI
Arena Investors
Purchase,
New York
|
+$3.07M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$3.07M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
+$2.76M |
| 5 |
CAC
Cowen and Company
New York
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$14.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$10.2M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$9.01M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$7.15M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$6.33M |
SGII Hedge Fund Activity: Q1 2023 in Review
19 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Seaport Global Acquisition II Corp. Class A Common Stock (SGII) for Q1 2023, worth a combined $40.2M — down 71% from $136M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of SGII and 5 opened new positions — a net loss of 41 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Periscope Capital, adding an estimated $3.85M. The largest seller was Saba Capital Management, exiting entirely with an estimated $14.6M sold.
- 19 institutional investors held Seaport Global Acquisition II Corp. Class A Common Stock (SGII) as of Q1 2023, down from 60 in Q4 2022.
- Funds reported $40.2M of Seaport Global Acquisition II Corp. Class A Common Stock stock for Q1 2023, down 71% quarter-over-quarter.
- 5 funds opened new Seaport Global Acquisition II Corp. Class A Common Stock positions in Q1 2023 and 46 closed out, a net change of -41 holders.
- The largest Seaport Global Acquisition II Corp. Class A Common Stock buyer in Q1 2023 was Periscope Capital, an estimated $3.85M added.
- The largest Seaport Global Acquisition II Corp. Class A Common Stock seller in Q1 2023 was Saba Capital Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2023.