Sound Point Acquisition Corp I, Ltd Unit
SPCMU
SPCMU was delisted on the 25th of May, 2023.
26 hedge funds and large institutions have $73.9M invested in Sound Point Acquisition Corp I, Ltd Unit in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 38 closing their positions.
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
57% less funds holding
Funds holding: 61 → 26 (-35)
69% less capital invested
Capital invested by funds: $242M → $73.9M (-$168M)
92% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 38
Top Buyers
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$7.57M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$171K |
| 3 |
State Street
Boston,
Massachusetts
|
+$124K |
| 4 |
CS
Clear Street
New York
|
+$25.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.06K |
Top Sellers
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.1M |
| 2 |
SCM
Saba Capital Management
New York
|
-$14.6M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$11.6M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.86M |
| 5 |
Two Sigma Investments
New York
|
-$7.54M |
SPCMU Hedge Fund Activity: Q2 2022 in Review
26 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sound Point Acquisition Corp I, Ltd Unit (SPCMU) for Q2 2022, worth a combined $73.9M — down 69% from $242M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SPCMU and 3 opened new positions — a net loss of 35 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was HGC Investment Management, adding an estimated $7.57M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $15.1M sold.
- 26 institutional investors held Sound Point Acquisition Corp I, Ltd Unit (SPCMU) as of Q2 2022, down from 61 in Q1 2022.
- Funds reported $73.9M of Sound Point Acquisition Corp I, Ltd Unit stock for Q2 2022, down 69% quarter-over-quarter.
- 3 funds opened new Sound Point Acquisition Corp I, Ltd Unit positions in Q2 2022 and 38 closed out, a net change of -35 holders.
- The largest Sound Point Acquisition Corp I, Ltd Unit buyer in Q2 2022 was HGC Investment Management, an estimated $7.57M added.
- The largest Sound Point Acquisition Corp I, Ltd Unit seller in Q2 2022 was Adage Capital Partners, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2022.