Robinson Alternative Yield Pre-merger SPAC ETF
SPAX
SPAX was delisted on the 7th of April, 2025.
5 hedge funds and large institutions have $2.24M invested in Robinson Alternative Yield Pre-merger SPAC ETF in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
29% less funds holding
Funds holding: 7 → 5 (-2)
40% less capital invested
Capital invested by funds: $3.76M → $2.24M (-$1.52M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$161K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$747K |
| 2 |
GS
GTS Securities
New York
|
-$504K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$307K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$126K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$20 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Schechter Investment Advisors
Birmingham,
Michigan
| $1.4M | -$307K | -15,040 | -18% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $428K | +$161K | +7,906 | +60% |
|
|
AA
3
Ancora Advisors
Cleveland,
Ohio
| $297K | – | – | – |
|
|
RCM
4
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $119K | -$126K | -6,169 | -51% |
|
|
5
UBS Group
Zurich,
Switzerland
| $1.96K | +$1.96K | +96 | New |
|
|
6
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$747K | -36,650 | Closed |
|
|
GS
7
GTS Securities
New York
| – | -$504K | -24,729 | Closed |
|
|
8
Fidelity Investments
Boston,
Massachusetts
| – | -$20 | -1 | Closed |
|
SPAX Hedge Fund Activity: Q1 2024 in Review
5 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) for Q1 2024, worth a combined $2.24M — down 40% from $3.76M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SPAX and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $161K. The largest seller was Commonwealth Equity Services, exiting entirely with an estimated $747K sold.
- 5 institutional investors held Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) as of Q1 2024, down from 7 in Q4 2023.
- Funds reported $2.24M of Robinson Alternative Yield Pre-merger SPAC ETF stock for Q1 2024, down 40% quarter-over-quarter.
- 1 fund opened new Robinson Alternative Yield Pre-merger SPAC ETF positions in Q1 2024 and 3 closed out, a net change of -2 holders.
- The largest Robinson Alternative Yield Pre-merger SPAC ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $161K added.
- The largest Robinson Alternative Yield Pre-merger SPAC ETF seller in Q1 2024 was Commonwealth Equity Services, an estimated $747K sold.
Based on aggregated 13F filings for Q1 2024.