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 $186M invested in Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
0% more funds holding
Funds holding: 20 → 20 (0)
5% less capital invested
Capital invested by funds: $195M → $186M (-$9.1M)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.57M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$513K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$197K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$103K |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$24.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$10.1M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$5.13M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$411K |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$257K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$20.5K |
SPAQ.U Hedge Fund Activity: Q3 2019 in Review
20 of the 4,574 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 Q3 2019, worth a combined $186M — down 4.7% from $195M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SPAQ.U positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $2.57M. The largest seller was Arrowgrass Capital Partners (US), exiting entirely with an estimated $10.1M 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 Q3 2019, unchanged from Q2 2019.
- Funds reported $186M of Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of stock for Q3 2019, down 4.7% quarter-over-quarter.
- 2 funds opened new Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of buyer in Q3 2019 was UBS O'Connor, an estimated $2.57M added.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of seller in Q3 2019 was Arrowgrass Capital Partners (US), an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2019.