Silver Spike Acquisition Corp II Class A Ordinary Shares
SPKB
SPKB was delisted on the 24th of March, 2023.
74 hedge funds and large institutions have $247M invested in Silver Spike Acquisition Corp II Class A Ordinary Shares in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 16 closing their positions.
2.3% more ownership
Funds ownership: 85.37% → 87.67% (+2.3%)
3% more capital invested
Capital invested by funds: $240M → $247M (+$6.62M)
9% less funds holding
Funds holding: 81 → 74 (-7)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$15.9M |
| 2 |
SCM
Saba Capital Management
New York
|
+$4.07M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
+$4.07M |
| 4 |
Millennium Management
New York
|
+$3.08M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$14.7M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.89M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.27M |
| 4 |
AC
Athanor Capital
New York
|
-$2.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.27M |
SPKB Hedge Fund Activity: Q2 2022 in Review
74 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Silver Spike Acquisition Corp II Class A Ordinary Shares (SPKB) for Q2 2022, worth a combined $247M — up 2.8% from $240M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SPKB and 9 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $15.9M. The largest seller was Candlestick Capital Management, exiting entirely with an estimated $14.7M sold.
- 74 institutional investors held Silver Spike Acquisition Corp II Class A Ordinary Shares (SPKB) as of Q2 2022, down from 81 in Q1 2022.
- Funds reported $247M of Silver Spike Acquisition Corp II Class A Ordinary Shares stock for Q2 2022, up 2.8% quarter-over-quarter.
- 9 funds opened new Silver Spike Acquisition Corp II Class A Ordinary Shares positions in Q2 2022 and 16 closed out, a net change of -7 holders.
- The largest Silver Spike Acquisition Corp II Class A Ordinary Shares buyer in Q2 2022 was Glazer Capital LLC, an estimated $15.9M added.
- The largest Silver Spike Acquisition Corp II Class A Ordinary Shares seller in Q2 2022 was Candlestick Capital Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2022.