Defiance Next Gen SPAC Derived ETF
SPAK
SPAK was delisted on the 29th of August, 2022.
28 hedge funds and large institutions have $4.95M invested in Defiance Next Gen SPAC Derived ETF in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 7 closing their positions.
13% less funds holding
Funds holding: 32 → 28 (-4)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
54% less capital invested
Capital invested by funds: $10.8M → $4.95M (-$5.85M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$362K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$336K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$89.9K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$74.1K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$34.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.45M |
| 2 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
-$2.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$550K |
| 4 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
-$245K |
| 5 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$94.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$2.45M | -92,911 | Closed |
|
|
CIC
27
Carnegie Investment Counsel
Pepper Pike,
Ohio
| – | -$2.38M | -90,306 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$550K | -23,387 | Closed |
|
|
PI
29
PEAK6 Investments
Chicago,
Illinois
| – | -$18K | -700 | Closed |
|
|
EVM
30
Eaton Vance Management
Boston,
Massachusetts
| – | -$9.72K | -413 | -33% |
|
|
APWA
31
Atlas Private Wealth Advisors
Matawan,
New Jersey
| – | -$3K | -125 | Closed |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -40 | Closed |
|
|
BWL
33
Bogart Wealth LLC
Mclean,
Virginia
| – | +$24 | +1 | New |
|
|
PFGIA
34
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$24 | +1 | +100% |
|
SPAK Hedge Fund Activity: Q3 2021 in Review
28 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Defiance Next Gen SPAC Derived ETF (SPAK) for Q3 2021, worth a combined $4.95M — down 54% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SPAK and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $362K. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $2.45M sold.
- 28 institutional investors held Defiance Next Gen SPAC Derived ETF (SPAK) as of Q3 2021, down from 32 in Q2 2021.
- Funds reported $4.95M of Defiance Next Gen SPAC Derived ETF stock for Q3 2021, down 54% quarter-over-quarter.
- 3 funds opened new Defiance Next Gen SPAC Derived ETF positions in Q3 2021 and 7 closed out, a net change of -4 holders.
- The largest Defiance Next Gen SPAC Derived ETF buyer in Q3 2021 was Tower Research Capital (TRC), an estimated $362K added.
- The largest Defiance Next Gen SPAC Derived ETF seller in Q3 2021 was Cambridge Investment Research Advisors, an estimated $2.45M sold.
Based on aggregated 13F filings for Q3 2021.