Virgin Galactic
SPCE
242 hedge funds and large institutions have $238M invested in Virgin Galactic in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 56 reducing their positions, and 37 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 56
0.08% less ownership
Funds ownership: 1.88% → 1.8% (-0.08%)
5% less funds holding
Funds holding: 254 → 242 (-12)
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
42% less capital invested
Capital invested by funds: $413M → $238M (-$175M)
66% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $42.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$36.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.3M |
| 3 |
Two Sigma Investments
New York
|
+$9.33M |
| 4 |
BlackRock
New York
|
+$8.27M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.81M |
| 2 |
SG Americas Securities
New York
|
-$4.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.46M |
| 4 |
Millennium Management
New York
|
-$2.01M |
| 5 |
JP Morgan Chase
New York
|
-$1.79M |
SPCE Hedge Fund Activity: Q3 2023 in Review
242 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Virgin Galactic (SPCE) for Q3 2023, worth a combined $238M — down 42% from $413M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SPCE and 28 opened new positions — a net loss of 9 holders — while 56 trimmed existing stakes and 79 added.
The largest buyer was State Street, adding an estimated $36.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $5.81M sold.
- 242 institutional investors held Virgin Galactic (SPCE) as of Q3 2023, down from 254 in Q2 2023.
- Funds reported $238M of Virgin Galactic stock for Q3 2023, down 42% quarter-over-quarter.
- 28 funds opened new Virgin Galactic positions in Q3 2023 and 37 closed out, a net change of -9 holders.
- The largest Virgin Galactic buyer in Q3 2023 was State Street, an estimated $36.2M added.
- The largest Virgin Galactic seller in Q3 2023 was Adage Capital Partners, an estimated $5.81M sold.
Based on aggregated 13F filings for Q3 2023.