Virgin Galactic
SPCE
242 hedge funds and large institutions have $246M invested in Virgin Galactic in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 58 increasing their positions, 69 reducing their positions, and 42 closing their positions.
0.1% more ownership
Funds ownership: 1.98% → 2.08% (+0.1%)
5% less funds holding
Funds holding: 256 → 242 (-14)
16% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 69
24% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 42
36% less capital invested
Capital invested by funds: $388M → $246M (-$141M)
47% less call options, than puts
Call options by funds: $20.1M | Put options by funds: $38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$25.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.81M |
| 3 |
Renaissance Technologies
New York
|
+$1.33M |
| 4 |
Citigroup
New York
|
+$1.29M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.83M |
| 2 |
Morgan Stanley
New York
|
-$3.12M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.74M |
| 4 |
Two Sigma Investments
New York
|
-$1.74M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GG
276
Greenwood Gearhart
Fayetteville,
Arkansas
| – | -$551 | -11 | Closed |
|
|
GWMIA
277
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$490 | -10 | Closed |
|
|
APC
278
Aspire Private Capital
Cornelius,
North Carolina
| – | -$453 | -9 | Closed |
|
|
AWM
279
Able Wealth Management
Toms River,
New Jersey
| – | -$265 | -5 | Closed |
|
|
TVAMP
280
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
| – | -$245 | -5 | Closed |
|
|
CA
281
Crewe Advisors
Salt Lake City,
Utah
| – | -$157 | -3 | Closed |
|
|
FSWA
282
Financial Synergies Wealth Advisors
Houston,
Texas
| – | -$157 | -2 | Closed |
|
|
WWM
283
Wolff Wiese Magana
Carslbad,
California
| – | -$47 | -1 | Closed |
|
|
CPA
284
Clear Point Advisors
Melville,
New York
| – | -$12 | – | – |
|
|
PO
285
Private Ocean
San Rafael,
California
| – | -$2 | – | – |
|
286
Macquarie Group
Sydney, NSW 2000,
Australia
| – | +$109 | +3 | New |
|
SPCE Hedge Fund Activity: Q1 2024 in Review
242 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q1 2024, worth a combined $246M — down 36% from $388M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of SPCE and 32 opened new positions — a net loss of 10 holders — while 69 trimmed existing stakes and 58 added.
The largest buyer was State Street, adding an estimated $25.5M. The largest seller was Millennium Management, cutting an estimated $4.83M.
- 242 institutional investors held Virgin Galactic (SPCE) as of Q1 2024, down from 256 in Q4 2023.
- Funds reported $246M of Virgin Galactic stock for Q1 2024, down 36% quarter-over-quarter.
- 32 funds opened new Virgin Galactic positions in Q1 2024 and 42 closed out, a net change of -10 holders.
- The largest Virgin Galactic buyer in Q1 2024 was State Street, an estimated $25.5M added.
- The largest Virgin Galactic seller in Q1 2024 was Millennium Management, an estimated $4.83M sold.
Based on aggregated 13F filings for Q1 2024.