Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo
SPAQ.U
SPAQ.U was delisted on the 16th of March, 2022.
34 hedge funds and large institutions have $31.2M invested in Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 12 reducing their positions, and 48 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
58% less funds holding
Funds holding: 81 → 34 (-47)
74% less capital invested
Capital invested by funds: $122M → $31.2M (-$90.4M)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 48
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$347K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$20 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$14.2M |
| 2 |
GL
Governors Lane
New York
|
-$7.04M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$6.67M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$5.56M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CLG
76
Cooperman Leon G
| – | -$101K | -10,000 | Closed |
|
|
OCAM
77
Owl Creek Asset Management
New York
| – | -$101K | -10,000 | Closed |
|
78
Parallax Volatility Advisers
San Francisco,
California
| – | -$101K | -10,000 | Closed |
|
79
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$69K | -6,900 | Closed |
|
80
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$18K | -1,798 | Closed |
|
|
SC
81
Saltoro Capital
Dallas,
Texas
| – | -$10K | -1,000 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | +$20 | +2 | New |
|
SPAQ.U Hedge Fund Activity: Q3 2021 in Review
34 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo (SPAQ.U) for Q3 2021, worth a combined $31.2M — down 74% from $122M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of SPAQ.U and 2 opened new positions — a net loss of 46 holders — while 12 trimmed existing stakes and 0 added.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $347K. The largest seller was Aristeia Capital, exiting entirely with an estimated $14.2M sold.
- 34 institutional investors held Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo (SPAQ.U) as of Q3 2021, down from 81 in Q2 2021.
- Funds reported $31.2M of Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo stock for Q3 2021, down 74% quarter-over-quarter.
- 2 funds opened new Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo positions in Q3 2021 and 48 closed out, a net change of -46 holders.
- The largest Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo buyer in Q3 2021 was B. Riley Financial, an estimated $347K added.
- The largest Spartan Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fo seller in Q3 2021 was Aristeia Capital, an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2021.