Defiance Next Gen SPAC Derived ETF
SPAK
SPAK was delisted on the 29th of August, 2022.
32 hedge funds and large institutions have $10.8M invested in Defiance Next Gen SPAC Derived ETF in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 8 closing their positions.
1% more call options, than puts
Call options by funds: $3.82M | Put options by funds: $3.79M
11% less funds holding
Funds holding: 36 → 32 (-4)
22% less capital invested
Capital invested by funds: $13.8M → $10.8M (-$2.99M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$231K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$61.4K |
| 3 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
+$31.2K |
| 4 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$22.2K |
| 5 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
+$3.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$828K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$464K |
| 3 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
-$366K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$351K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$286K |
SPAK Hedge Fund Activity: Q2 2021 in Review
32 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Defiance Next Gen SPAC Derived ETF (SPAK) for Q2 2021, worth a combined $10.8M — down 22% from $13.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SPAK and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $231K. The largest seller was Flow Traders U.S., exiting entirely with an estimated $828K sold.
- 32 institutional investors held Defiance Next Gen SPAC Derived ETF (SPAK) as of Q2 2021, down from 36 in Q1 2021.
- Funds reported $10.8M of Defiance Next Gen SPAC Derived ETF stock for Q2 2021, down 22% quarter-over-quarter.
- 4 funds opened new Defiance Next Gen SPAC Derived ETF positions in Q2 2021 and 8 closed out, a net change of -4 holders.
- The largest Defiance Next Gen SPAC Derived ETF buyer in Q2 2021 was Tower Research Capital (TRC), an estimated $231K added.
- The largest Defiance Next Gen SPAC Derived ETF seller in Q2 2021 was Flow Traders U.S., an estimated $828K sold.
Based on aggregated 13F filings for Q2 2021.