Virgin Galactic
SPCE
34 hedge funds and large institutions have $307M invested in Virgin Galactic in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 2
713% more capital invested
Capital invested by funds: $37.8M → $307M (+$270M)
325% more funds holding
Funds holding: 8 → 34 (+26)
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
2.21% more ownership
Funds ownership: 0% → 2.21% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$45.4M |
| 2 |
SC
Sculptor Capital
New York
|
+$35.3M |
| 3 |
SIG
Senator Investment Group
New York
|
+$33.6M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$32.6M |
| 5 |
GL
Governors Lane
New York
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
-$10.6M |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$3.87M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
26
HGC Investment Management
Toronto,
Ontario, Canada
| $177K | +$177K | +875 | New |
|
|
KPF
27
K2 Principal Fund
Toronto,
Ontario, Canada
| $164K | +$164K | +812 | New |
|
|
FPC
28
Falcon Point Capital
San Francisco,
California
| $129K | +$21.2K | +105 | +20% |
|
|
FPF
29
FNY Partners Fund
New York
| $100K | +$101K | +500 | New |
|
30
Blackstone Inc
New York
| $94K | +$94.1K | +466 | New |
|
|
PP
31
Paloma Partners
Greenwich,
Connecticut
| $73K | +$422K | +2,090 | New |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| $43K | +$43.2K | +214 | New |
|
33
UBS Group
Zurich,
Switzerland
| $2K | +$2.42K | +12 | New |
|
34
Morgan Stanley
New York
| $1K | +$807 | +4 | New |
|
|
BRC
35
Blue Ridge Capital
New York
| – | -$10.6M | -50,000 | Closed |
|
|
LIM
36
Longfellow Investment Management
Boston,
Massachusetts
| – | -$133K | -660 | Closed |
|
SPCE Hedge Fund Activity: Q4 2017 in Review
34 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q4 2017, worth a combined $307M — up 713% from $37.8M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SPCE positions and 2 closed out — a net gain of 26 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Arrowgrass Capital Partners (US), opening a new position worth an estimated $45.4M. The largest seller was Blue Ridge Capital, exiting entirely with an estimated $10.6M sold.
- 34 institutional investors held Virgin Galactic (SPCE) as of Q4 2017, up from 8 in Q3 2017.
- Funds reported $307M of Virgin Galactic stock for Q4 2017, up 713% quarter-over-quarter.
- 28 funds opened new Virgin Galactic positions in Q4 2017 and 2 closed out, a net change of +26 holders.
- The largest Virgin Galactic buyer in Q4 2017 was Arrowgrass Capital Partners (US), an estimated $45.4M added.
- The largest Virgin Galactic seller in Q4 2017 was Blue Ridge Capital, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2017.