Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc
SPCE.WS
SPCE.WS was delisted on the 9th of April, 2020.
8 hedge funds and large institutions have $10.7M invested in Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 4 reducing their positions, and 28 closing their positions.
77% less funds holding
Funds holding: 35 → 8 (-27)
82% less capital invested
Capital invested by funds: $60.5M → $10.7M (-$49.8M)
89% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 28
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| 1 |
ECM
ExodusPoint Capital Management
New York
|
+$945K |
| 2 |
Jane Street
New York
|
+$218K |
| 3 |
LWA
Lowe Wealth Advisors
Columbia,
Maryland
|
+$945 |
Top Sellers
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$11.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$10.1M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$8.81M |
| 4 |
LA
Linden Advisors
New York
|
-$5.72M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$5.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Bluefin Capital Management
New York
| – | -$299K | -89,281 | Closed |
|
|
AA
27
AQR Arbitrage
Greenwich,
Connecticut
| – | -$279K | -83,334 | Closed |
|
28
Walleye Trading
New York
| – | -$245K | -73,126 | Closed |
|
29
TD Asset Management
Toronto,
Ontario, Canada
| – | -$223K | -66,666 | Closed |
|
|
LIM
30
Longfellow Investment Management
Boston,
Massachusetts
| – | -$81K | -24,103 | Closed |
|
|
BCM
31
BlueCrest Capital Management
St Helier,
Jersey
| – | -$37K | -11,068 | Closed |
|
|
BCM
32
Basso Capital Management
Stamford,
Connecticut
| – | -$35K | -10,526 | Closed |
|
|
LCS
33
Levin Capital Strategies
New York
| – | -$33K | -10,000 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$3K | -1,000 | Closed |
|
|
BFEC
35
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -300 | Closed |
|
36
Morgan Stanley
New York
| – | -$1K | -200 | Closed |
|
SPCE.WS Hedge Fund Activity: Q1 2020 in Review
8 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc (SPCE.WS) for Q1 2020, worth a combined $10.7M — down 82% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SPCE.WS and 3 opened new positions — a net loss of 25 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was ExodusPoint Capital Management, opening a new position worth an estimated $945K. The largest seller was Angelo Gordon & Co, exiting entirely with an estimated $11.6M sold.
- 8 institutional investors held Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc (SPCE.WS) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $10.7M of Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc stock for Q1 2020, down 82% quarter-over-quarter.
- 3 funds opened new Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc positions in Q1 2020 and 28 closed out, a net change of -25 holders.
- The largest Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc buyer in Q1 2020 was ExodusPoint Capital Management, an estimated $945K added.
- The largest Virgin Galactic Holdings, Inc. Warrants, each whole warrant exercisable for one share of Common Stoc seller in Q1 2020 was Angelo Gordon & Co, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2020.