Spire Global
SPIR
51 hedge funds and large institutions have $164M invested in Spire Global in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 19 closing their positions.
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
42% more capital invested
Capital invested by funds: $115M → $164M (+$48.4M)
28% more funds holding
Funds holding: 40 → 51 (+11)
2.46% more ownership
Funds ownership: 6.29% → 8.74% (+2.5%)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$23.6M |
| 2 |
Millennium Management
New York
|
+$13.6M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$13M |
| 4 |
BTP
Bloom Tree Partners
New York
|
+$12.8M |
| 5 |
AGM
Alpine Global Management
New York
|
+$8.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.77M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5M |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$5M |
| 5 |
LA
Linden Advisors
New York
|
-$3.45M |
SPIR Hedge Fund Activity: Q1 2021 in Review
51 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Spire Global (SPIR) for Q1 2021, worth a combined $164M — up 42% from $115M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SPIR positions and 19 closed out — a net gain of 11 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Soroban Capital Partners, opening a new position worth an estimated $23.6M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $10M sold.
- 51 institutional investors held Spire Global (SPIR) as of Q1 2021, up from 40 in Q4 2020.
- Funds reported $164M of Spire Global stock for Q1 2021, up 42% quarter-over-quarter.
- 30 funds opened new Spire Global positions in Q1 2021 and 19 closed out, a net change of +11 holders.
- The largest Spire Global buyer in Q1 2021 was Soroban Capital Partners, an estimated $23.6M added.
- The largest Spire Global seller in Q1 2021 was Polar Asset Management Partners, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2021.