Virgin Galactic
SPCE
63 hedge funds and large institutions have $548M invested in Virgin Galactic in 2019 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 19 closing their positions.
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
17% more funds holding
Funds holding: 54 → 63 (+9)
13% more capital invested
Capital invested by funds: $486M → $548M (+$62.3M)
0.35% more ownership
Funds ownership: 3.37% → 3.72% (+0.35%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
+$48.2M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$38M |
| 3 |
SC
Samlyn Capital
New York
|
+$33.3M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$22.7M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$28.7M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$25M |
| 3 |
GL
Governors Lane
New York
|
-$24M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$19.4M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$19.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
76
Monashee Investment Management
Boston,
Massachusetts
| – | -$522K | -2,500 | Closed |
|
|
BBP
77
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$329K | -1,575 | Closed |
|
|
BFM
78
Boothbay Fund Management
New York
| – | -$263K | -1,259 | Closed |
|
79
Arrowstreet Capital
Boston,
Massachusetts
| – | -$146K | -702 | Closed |
|
|
TSS
80
Two Sigma Securities
New York
| – | -$122K | -585 | Closed |
|
|
RCM
81
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$116K | -557 | Closed |
|
82
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$8K | -36 | Closed |
|
SPCE Hedge Fund Activity: Q3 2019 in Review
63 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q3 2019, worth a combined $548M — up 13% from $486M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SPCE positions and 19 closed out — a net gain of 10 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Suvretta Capital Management, opening a new position worth an estimated $48.2M. The largest seller was Sculptor Capital, cutting an estimated $28.7M.
- 63 institutional investors held Virgin Galactic (SPCE) as of Q3 2019, up from 54 in Q2 2019.
- Funds reported $548M of Virgin Galactic stock for Q3 2019, up 13% quarter-over-quarter.
- 29 funds opened new Virgin Galactic positions in Q3 2019 and 19 closed out, a net change of +10 holders.
- The largest Virgin Galactic buyer in Q3 2019 was Suvretta Capital Management, an estimated $48.2M added.
- The largest Virgin Galactic seller in Q3 2019 was Sculptor Capital, an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2019.