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.
55 hedge funds and large institutions have $142M 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 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 57 closing their positions.
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
48% less capital invested
Capital invested by funds: $275M → $142M (-$133M)
50% less funds holding
Funds holding: 110 → 55 (-55)
95% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 57
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.91M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.86M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$1.49M |
| 4 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
+$605K |
| 5 |
EAM
Exos Asset Management
New York
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.6M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$7.04M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$6.05M |
| 4 |
Blackstone Inc
New York
|
-$6.03M |
| 5 |
TCIM
TOMS Capital Investment Management
New York
|
-$6.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCS
101
Levin Capital Strategies
New York
| – | -$201K | -20,000 | Closed |
|
|
OAC
102
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$201K | -20,000 | Closed |
|
|
DCM
103
DG Capital Management
New York
| – | -$195K | -19,400 | Closed |
|
|
SCM
104
Shaolin Capital Management
Miami,
Florida
| – | -$172K | -17,156 | Closed |
|
|
HR
105
Hayden Royal
Charlotte,
North Carolina
| – | -$166K | -16,500 | Closed |
|
|
JG
106
Jefferies Group
New York
| – | -$142K | -14,092 | Closed |
|
|
WC
107
Wealthspring Capital
West Harrison,
New York
| – | -$109K | -10,820 | Closed |
|
|
VI
108
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$108K | -10,750 | Closed |
|
|
MTIM
109
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$101K | -10,000 | Closed |
|
110
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$98K | -9,500 | Closed |
|
|
DCM
111
Dupont Capital Management
Wilmington,
Delaware
| – | -$10K | -1,000 | Closed |
|
|
LCM
112
LH Capital Markets
New York
| – | -$10K | -1,000 | Closed |
|
SPGS.U Hedge Fund Activity: Q2 2021 in Review
55 of the 5,746 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 Q2 2021, worth a combined $142M — down 48% from $275M a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of SPGS.U and 3 opened new positions — a net loss of 54 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Goldman Sachs, adding an estimated $2.91M. The largest seller was Millennium Management, cutting an estimated $10.6M.
- 55 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 Q2 2021, down from 110 in Q1 2021.
- Funds reported $142M 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 Q2 2021, down 48% quarter-over-quarter.
- 3 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 Q2 2021 and 57 closed out, a net change of -54 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 Q2 2021 was Goldman Sachs, an estimated $2.91M 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 Q2 2021 was Millennium Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2021.