Sound Point Acquisition Corp I, Ltd Unit
SPCMU
SPCMU was delisted on the 25th of May, 2023.
16 hedge funds and large institutions have $47.6M invested in Sound Point Acquisition Corp I, Ltd Unit in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 11 closing their positions.
36% less capital invested
Capital invested by funds: $73.9M → $47.6M (-$26.3M)
38% less funds holding
Funds holding: 26 → 16 (-10)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
Top Buyers
| 1 |
DC
Dryden Capital
Miami,
Florida
|
+$24.2K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.19K |
Top Sellers
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.61M |
| 2 |
KC
Kepos Capital
New York
|
-$5.04M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.53M |
| 4 |
Millennium Management
New York
|
-$3.22M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.02M |
SPCMU Hedge Fund Activity: Q3 2022 in Review
16 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sound Point Acquisition Corp I, Ltd Unit (SPCMU) for Q3 2022, worth a combined $47.6M — down 36% from $73.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SPCMU and 1 opened new positions — a net loss of 10 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Dryden Capital, opening a new position worth an estimated $24.2K. The largest seller was HGC Investment Management, cutting an estimated $7.61M.
- 16 institutional investors held Sound Point Acquisition Corp I, Ltd Unit (SPCMU) as of Q3 2022, down from 26 in Q2 2022.
- Funds reported $47.6M of Sound Point Acquisition Corp I, Ltd Unit stock for Q3 2022, down 36% quarter-over-quarter.
- 1 fund opened new Sound Point Acquisition Corp I, Ltd Unit positions in Q3 2022 and 11 closed out, a net change of -10 holders.
- The largest Sound Point Acquisition Corp I, Ltd Unit buyer in Q3 2022 was Dryden Capital, an estimated $24.2K added.
- The largest Sound Point Acquisition Corp I, Ltd Unit seller in Q3 2022 was HGC Investment Management, an estimated $7.61M sold.
Based on aggregated 13F filings for Q3 2022.