Robinson Alternative Yield Pre-merger SPAC ETF
SPAX
SPAX was delisted on the 7th of April, 2025.
7 hedge funds and large institutions have $5.49M invested in Robinson Alternative Yield Pre-merger SPAC ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
53% less capital invested
Capital invested by funds: $11.8M → $5.49M (-$6.26M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$313K |
| 2 |
GS
GTS Securities
New York
|
+$310K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$41.8K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$5.92M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.35M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$8.61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Schechter Investment Advisors
Birmingham,
Michigan
| $1.85M | – | – | – |
|
|
2
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.68M | -$1.35M | -62,940 | -45% |
|
|
GS
3
GTS Securities
New York
| $577K | +$310K | +14,443 | +116% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $480K | +$41.8K | +1,945 | +10% |
|
|
AA
5
Ancora Advisors
Cleveland,
Ohio
| $312K | +$25.2K | +1,173 | +9% |
|
|
RCM
6
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $312K | +$313K | +14,563 | New |
|
|
CM
7
Cohanzick Management
Pleasantville,
New York
| $275K | -$5.92M | -275,504 | -96% |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$8.61K | -402 | Closed |
|
SPAX Hedge Fund Activity: Q3 2023 in Review
7 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) for Q3 2023, worth a combined $5.49M — down 53% from $11.8M a quarter earlier.
Fund positioning in SPAX was balanced in Q3 2023: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $313K. The largest seller was Cohanzick Management, cutting an estimated $5.92M.
- 7 institutional investors held Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $5.49M of Robinson Alternative Yield Pre-merger SPAC ETF stock for Q3 2023, down 53% quarter-over-quarter.
- 1 fund opened new Robinson Alternative Yield Pre-merger SPAC ETF positions in Q3 2023 and 1 closed out, a net change of 0 holders.
- The largest Robinson Alternative Yield Pre-merger SPAC ETF buyer in Q3 2023 was Robinson Capital Management, an estimated $313K added.
- The largest Robinson Alternative Yield Pre-merger SPAC ETF seller in Q3 2023 was Cohanzick Management, an estimated $5.92M sold.
Based on aggregated 13F filings for Q3 2023.