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.
13 hedge funds and large institutions have $119M invested in Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less capital invested
Capital invested by funds: $129M → $119M (-$10.6M)
13% less funds holding
Funds holding: 15 → 13 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$996K |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.3M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$6.06M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.47M |
| 4 |
Citigroup
New York
|
-$1.02M |
| 5 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
-$874K |
SPAQ.U Hedge Fund Activity: Q2 2020 in Review
13 of the 4,877 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 2020, worth a combined $119M — down 8.2% from $129M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPAQ.U and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was K2 Principal Fund, opening a new position worth an estimated $996K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $6.3M sold.
- 13 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 2020, down from 15 in Q1 2020.
- Funds reported $119M of Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of stock for Q2 2020, down 8.2% 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 Q2 2020 and 4 closed out, a net change of -2 holders.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of buyer in Q2 2020 was K2 Principal Fund, an estimated $996K added.
- The largest Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of seller in Q2 2020 was Shaolin Capital Management, an estimated $6.3M sold.
Based on aggregated 13F filings for Q2 2020.