Virgin Galactic
SPCE
268 hedge funds and large institutions have $1.07B invested in Virgin Galactic in 2020 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 110 increasing their positions, 38 reducing their positions, and 39 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 38
118% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 39
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
91% more call options, than puts
Call options by funds: $580M | Put options by funds: $304M
41% more capital invested
Capital invested by funds: $758M → $1.07B (+$311M)
20% more funds holding
Funds holding: 224 → 268 (+44)
0.09% more ownership
Funds ownership: 1.1% → 1.19% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$64.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$21.4M |
| 3 |
Bank of New York Mellon
New York
|
+$20.8M |
| 4 |
BlackRock
New York
|
+$19.9M |
| 5 |
Morgan Stanley
New York
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
CAAS Capital Management
New York
|
-$27.7M |
| 2 |
JP Morgan Chase
New York
|
-$21.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$19.5M |
| 4 |
EIM
Elephas Investment Management
Hong Kong
|
-$10.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.01M |
SPCE Hedge Fund Activity: Q3 2020 in Review
268 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q3 2020, worth a combined $1.07B — up 41% from $758M a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SPCE positions and 39 closed out — a net gain of 46 holders — while 110 added to existing stakes and 38 trimmed.
The largest buyer was Vanguard Group, adding an estimated $64.2M. The largest seller was CAAS Capital Management, exiting entirely with an estimated $27.7M sold.
- 268 institutional investors held Virgin Galactic (SPCE) as of Q3 2020, up from 224 in Q2 2020.
- Funds reported $1.07B of Virgin Galactic stock for Q3 2020, up 41% quarter-over-quarter.
- 85 funds opened new Virgin Galactic positions in Q3 2020 and 39 closed out, a net change of +46 holders.
- The largest Virgin Galactic buyer in Q3 2020 was Vanguard Group, an estimated $64.2M added.
- The largest Virgin Galactic seller in Q3 2020 was CAAS Capital Management, an estimated $27.7M sold.
Based on aggregated 13F filings for Q3 2020.