Silver Spike Acquisition Corp II Units
SPKBU
SPKBU was delisted on the 17th of March, 2023.
42 hedge funds and large institutions have $93.6M invested in Silver Spike Acquisition Corp II Units in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 50 closing their positions.
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
52% less funds holding
Funds holding: 87 → 42 (-45)
63% less capital invested
Capital invested by funds: $253M → $93.6M (-$160M)
90% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 50
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$2.25M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.45M |
| 4 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$1.13M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$14.9M |
| 2 |
LA
Linden Advisors
New York
|
-$12.7M |
| 3 |
AWG
Alpha Wave Global
New York
|
-$11.9M |
| 4 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$10.4M |
| 5 |
SM
Senvest Management
New York
|
-$9.35M |
SPKBU Hedge Fund Activity: Q2 2021 in Review
42 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Silver Spike Acquisition Corp II Units (SPKBU) for Q2 2021, worth a combined $93.6M — down 63% from $253M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SPKBU and 5 opened new positions — a net loss of 45 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Glazer Capital LLC, adding an estimated $2.25M. The largest seller was Candlestick Capital Management, exiting entirely with an estimated $14.9M sold.
- 42 institutional investors held Silver Spike Acquisition Corp II Units (SPKBU) as of Q2 2021, down from 87 in Q1 2021.
- Funds reported $93.6M of Silver Spike Acquisition Corp II Units stock for Q2 2021, down 63% quarter-over-quarter.
- 5 funds opened new Silver Spike Acquisition Corp II Units positions in Q2 2021 and 50 closed out, a net change of -45 holders.
- The largest Silver Spike Acquisition Corp II Units buyer in Q2 2021 was Glazer Capital LLC, an estimated $2.25M added.
- The largest Silver Spike Acquisition Corp II Units seller in Q2 2021 was Candlestick Capital Management, an estimated $14.9M sold.
Based on aggregated 13F filings for Q2 2021.