Virgin Galactic
SPCE
45 hedge funds and large institutions have $393M invested in Virgin Galactic in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 10 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
10% more funds holding
Funds holding: 41 → 45 (+4)
1% more capital invested
Capital invested by funds: $390M → $393M (+$3.24M)
0.06% more ownership
Funds ownership: 2.81% → 2.87% (+0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$12.8M |
| 2 |
CI
Cowen Inc
New York
|
+$10.3M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$9.89M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.53M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$33.5M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.79M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.54M |
| 4 |
SC
Sessa Capital
New York
|
-$4.75M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
51
Gratia Capital
Los Angeles,
California
| – | -$353K | -1,757 | Closed |
|
|
AWM
52
Arbor Wealth Management
Miramar Beach,
Florida
| – | -$219K | -1,100 | Closed |
|
|
BCM
53
Bluefin Capital Management
New York
| – | -$132K | -658 | Closed |
|
54
California Public Employees Retirement System
Sacramento,
California
| – | -$109K | -543 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$10K | -50 | Closed |
|
SPCE Hedge Fund Activity: Q3 2018 in Review
45 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q3 2018, worth a combined $393M — up 0.83% from $390M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPCE positions and 10 closed out — a net gain of 4 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Oxford Asset Management, opening a new position worth an estimated $12.8M. The largest seller was Senator Investment Group, exiting entirely with an estimated $33.5M sold.
- 45 institutional investors held Virgin Galactic (SPCE) as of Q3 2018, up from 41 in Q2 2018.
- Funds reported $393M of Virgin Galactic stock for Q3 2018, up 0.83% quarter-over-quarter.
- 14 funds opened new Virgin Galactic positions in Q3 2018 and 10 closed out, a net change of +4 holders.
- The largest Virgin Galactic buyer in Q3 2018 was Oxford Asset Management, an estimated $12.8M added.
- The largest Virgin Galactic seller in Q3 2018 was Senator Investment Group, an estimated $33.5M sold.
Based on aggregated 13F filings for Q3 2018.