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 $159M invested in Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
15% less capital invested
Capital invested by funds: $186M → $159M (-$27.6M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$3.96M |
| 2 |
AGM
Alpine Global Management
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$10.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.3M |
| 3 |
Millennium Management
New York
|
-$4.99M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.63M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.59M |
SPAQ.U Hedge Fund Activity: Q4 2019 in Review
20 of the 5,092 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 Q4 2019, worth a combined $159M — down 15% from $186M a quarter earlier.
Fund positioning in SPAQ.U was balanced in Q4 2019: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $3.96M. The largest seller was Marshall Wace, exiting entirely with an estimated $10.4M 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 Q4 2019, unchanged from Q3 2019.
- Funds reported $159M of Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of stock for Q4 2019, down 15% 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 Q4 2019 and 2 closed out, a net change of 0 holders.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of buyer in Q4 2019 was Glazer Capital LLC, an estimated $3.96M added.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of seller in Q4 2019 was Marshall Wace, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2019.