Defiance Next Gen SPAC Derived ETF
SPAK
SPAK was delisted on the 29th of August, 2022.
19 hedge funds and large institutions have $1.51M invested in Defiance Next Gen SPAC Derived ETF in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
14% less funds holding
Funds holding: 22 → 19 (-3)
14.38% less ownership
Funds ownership: 99.6% → 85.22% (-14%)
29% less capital invested
Capital invested by funds: $2.11M → $1.51M (-$602K)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$274K |
| 2 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
+$13.5K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.81K |
| 4 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$18 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$260K |
| 2 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$186K |
| 3 |
JP Morgan Chase
New York
|
-$55K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$26.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25.9K |
SPAK Hedge Fund Activity: Q1 2022 in Review
19 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Defiance Next Gen SPAC Derived ETF (SPAK) for Q1 2022, worth a combined $1.51M — down 29% from $2.11M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPAK and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, adding an estimated $274K. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $260K sold.
- 19 institutional investors held Defiance Next Gen SPAC Derived ETF (SPAK) as of Q1 2022, down from 22 in Q4 2021.
- Funds reported $1.51M of Defiance Next Gen SPAC Derived ETF stock for Q1 2022, down 29% quarter-over-quarter.
- 2 funds opened new Defiance Next Gen SPAC Derived ETF positions in Q1 2022 and 5 closed out, a net change of -3 holders.
- The largest Defiance Next Gen SPAC Derived ETF buyer in Q1 2022 was Susquehanna International Group, an estimated $274K added.
- The largest Defiance Next Gen SPAC Derived ETF seller in Q1 2022 was Tower Research Capital (TRC), an estimated $260K sold.
Based on aggregated 13F filings for Q1 2022.