Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of
SPAQ.U
SPAQ.U was delisted on the 29th of October, 2020.
24 hedge funds and large institutions have $248M invested in Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 4 closing their positions.
14% less funds holding
Funds holding: 28 → 24 (-4)
24% less capital invested
Capital invested by funds: $326M → $248M (-$78.1M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$29.8M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$17.5M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$10.1M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$6.08M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$6M |
SPAQ.U Hedge Fund Activity: Q1 2019 in Review
24 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of (SPAQ.U) for Q1 2019, worth a combined $248M — down 24% from $326M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPAQ.U and 1 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Deep Basin Capital, adding an estimated $1.68M. The largest seller was Linden Advisors, exiting entirely with an estimated $29.8M sold.
- 24 institutional investors held Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of (SPAQ.U) as of Q1 2019, down from 28 in Q4 2018.
- Funds reported $248M of Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of stock for Q1 2019, down 24% quarter-over-quarter.
- 1 fund opened new Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of positions in Q1 2019 and 4 closed out, a net change of -3 holders.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of buyer in Q1 2019 was Deep Basin Capital, an estimated $1.68M added.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of seller in Q1 2019 was Linden Advisors, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2019.