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.
20 hedge funds and large institutions have $195M invested in Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less funds holding
Funds holding: 24 → 20 (-4)
21% less capital invested
Capital invested by funds: $248M → $195M (-$52.7M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$21M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$11.6M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$8.08M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
-$4.06M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.06M |
SPAQ.U Hedge Fund Activity: Q2 2019 in Review
20 of the 4,625 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 Q2 2019, worth a combined $195M — down 21% from $248M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPAQ.U and 0 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Cowen Inc, adding an estimated $351K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $21M sold.
- 20 institutional investors held Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of (SPAQ.U) as of Q2 2019, down from 24 in Q1 2019.
- Funds reported $195M of Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of stock for Q2 2019, down 21% quarter-over-quarter.
- 0 funds opened new Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of positions in Q2 2019 and 4 closed out, a net change of -4 holders.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of buyer in Q2 2019 was Cowen Inc, an estimated $351K added.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of seller in Q2 2019 was Polar Asset Management Partners, an estimated $21M sold.
Based on aggregated 13F filings for Q2 2019.