Virgin Galactic
SPCE
150 hedge funds and large institutions have $65.4M invested in Virgin Galactic in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 37 increasing their positions, 50 reducing their positions, and 120 closing their positions.
35.64% more ownership
Funds ownership: 2.08% → 37.71% (+36%)
26% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 50
38% less funds holding
Funds holding: 242 → 150 (-92)
69% less call options, than puts
Call options by funds: $45.6M | Put options by funds: $148M
73% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 120
73% less capital invested
Capital invested by funds: $246M → $65.4M (-$181M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.25M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.44M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.9M |
| 4 |
Millennium Management
New York
|
+$3.48M |
| 5 |
Two Sigma Investments
New York
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$25.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.06M |
| 3 |
Goldman Sachs
New York
|
-$2.49M |
| 4 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
-$1.21M |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
-$1.11M |
SPCE Hedge Fund Activity: Q2 2024 in Review
150 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q2 2024, worth a combined $65.4M — down 73% from $246M a quarter earlier.
Sellers outnumbered buyers: 120 funds closed out of SPCE and 33 opened new positions — a net loss of 87 holders — while 50 trimmed existing stakes and 37 added.
The largest buyer was Bank of America, adding an estimated $7.25M. The largest seller was State Street, cutting an estimated $25.4M.
- 150 institutional investors held Virgin Galactic (SPCE) as of Q2 2024, down from 242 in Q1 2024.
- Funds reported $65.4M of Virgin Galactic stock for Q2 2024, down 73% quarter-over-quarter.
- 33 funds opened new Virgin Galactic positions in Q2 2024 and 120 closed out, a net change of -87 holders.
- The largest Virgin Galactic buyer in Q2 2024 was Bank of America, an estimated $7.25M added.
- The largest Virgin Galactic seller in Q2 2024 was State Street, an estimated $25.4M sold.
Based on aggregated 13F filings for Q2 2024.