Sound Point Acquisition Corp I, Ltd Class A Ordinary Share
SPCM
SPCM was delisted on the 2nd of June, 2023.
49 hedge funds and large institutions have $230M invested in Sound Point Acquisition Corp I, Ltd Class A Ordinary Share in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
14% more capital invested
Capital invested by funds: $202M → $230M (+$27.9M)
9% more funds holding
Funds holding: 45 → 49 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$7.69M |
| 2 |
CF
Cantor Fitzgerald
New York
|
+$7.03M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$5.12M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$5.12M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$4.08M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.81M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$2.15M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.53M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
51
Context Capital Management
Lajolla,
California
| – | -$1.53M | -150,000 | Closed |
|
|
GCM
52
Ghisallo Capital Management
Boston,
Massachusetts
| – | -$1.53M | -150,000 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$853 | -83,618 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | +$471 | +46 | New |
|
SPCM Hedge Fund Activity: Q4 2022 in Review
49 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sound Point Acquisition Corp I, Ltd Class A Ordinary Share (SPCM) for Q4 2022, worth a combined $230M — up 14% from $202M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPCM positions and 5 closed out — a net gain of 4 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $7.69M. The largest seller was TFG Asset Management, exiting entirely with an estimated $4.08M sold.
- 49 institutional investors held Sound Point Acquisition Corp I, Ltd Class A Ordinary Share (SPCM) as of Q4 2022, up from 45 in Q3 2022.
- Funds reported $230M of Sound Point Acquisition Corp I, Ltd Class A Ordinary Share stock for Q4 2022, up 14% quarter-over-quarter.
- 9 funds opened new Sound Point Acquisition Corp I, Ltd Class A Ordinary Share positions in Q4 2022 and 5 closed out, a net change of +4 holders.
- The largest Sound Point Acquisition Corp I, Ltd Class A Ordinary Share buyer in Q4 2022 was HGC Investment Management, an estimated $7.69M added.
- The largest Sound Point Acquisition Corp I, Ltd Class A Ordinary Share seller in Q4 2022 was TFG Asset Management, an estimated $4.08M sold.
Based on aggregated 13F filings for Q4 2022.