Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant
SPGS.U
SPGS.U was delisted on the 15th of December, 2022.
47 hedge funds and large institutions have $92.3M invested in Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 15 closing their positions.
15% less funds holding
Funds holding: 55 → 47 (-8)
35% less capital invested
Capital invested by funds: $142M → $92.3M (-$49.9M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$5.52M |
| 2 |
CAC
Cowen and Company
New York
|
+$2.85M |
| 3 |
DCM
DG Capital Management
New York
|
+$575K |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$502K |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$34.4M |
| 2 |
SP
Solel Partners
Boston,
Massachusetts
|
-$6.04M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$4.47M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.03M |
| 5 |
Goldman Sachs
New York
|
-$3.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$2.01M | -200,000 | Closed |
|
|
MAM
52
Melqart Asset Management
London,
United Kingdom
| – | -$1.44M | -143,000 | Closed |
|
|
PP
53
Paloma Partners
Greenwich,
Connecticut
| – | -$866K | -86,000 | Closed |
|
|
JGC
54
J. Goldman & Co
New York
| – | -$524K | -52,007 | Closed |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$504K | -50,000 | Closed |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$382K | -38,050 | -100% |
|
57
Walleye Capital
New York
| – | -$302 | -30,000 | Closed |
|
|
EAM
58
Exos Asset Management
New York
| – | -$252K | -25,000 | Closed |
|
59
D.E. Shaw & Co
New York
| – | -$247K | -24,568 | Closed |
|
60
Walleye Trading
New York
| – | -$201K | -20,000 | Closed |
|
|
WCA
61
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$125K | -12,366 | Closed |
|
62
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$50K | -5,000 | Closed |
|
SPGS.U Hedge Fund Activity: Q3 2021 in Review
47 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (SPGS.U) for Q3 2021, worth a combined $92.3M — down 35% from $142M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SPGS.U and 8 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $5.52M. The largest seller was Long Pond Capital, exiting entirely with an estimated $34.4M sold.
- 47 institutional investors held Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (SPGS.U) as of Q3 2021, down from 55 in Q2 2021.
- Funds reported $92.3M of Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant stock for Q3 2021, down 35% quarter-over-quarter.
- 8 funds opened new Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant positions in Q3 2021 and 15 closed out, a net change of -7 holders.
- The largest Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant buyer in Q3 2021 was Verition Fund Management, an estimated $5.52M added.
- The largest Simon Property Group Acquisition Holdings, Inc. Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant seller in Q3 2021 was Long Pond Capital, an estimated $34.4M sold.
Based on aggregated 13F filings for Q3 2021.