Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha
SPRQ.U
SPRQ.U was delisted on the 9th of July, 2021.
20 hedge funds and large institutions have $20.7M invested in Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 69 closing their positions.
76% less funds holding
Funds holding: 84 → 20 (-64)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
91% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 69
94% less capital invested
Capital invested by funds: $336M → $20.7M (-$316M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$3.35M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$853K |
| 3 |
VF
Virtu Financial
New York
|
+$293K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$251K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$29.2M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$19.3M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$18.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18M |
| 5 |
KC
Kepos Capital
New York
|
-$14.4M |
SPRQ.U Hedge Fund Activity: Q1 2021 in Review
20 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha (SPRQ.U) for Q1 2021, worth a combined $20.7M — down 94% from $336M a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of SPRQ.U and 6 opened new positions — a net loss of 63 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Emerald Mutual Fund Advisers Trust, opening a new position worth an estimated $3.35M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $29.2M sold.
- 20 institutional investors held Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha (SPRQ.U) as of Q1 2021, down from 84 in Q4 2020.
- Funds reported $20.7M of Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha stock for Q1 2021, down 94% quarter-over-quarter.
- 6 funds opened new Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha positions in Q1 2021 and 69 closed out, a net change of -63 holders.
- The largest Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha buyer in Q1 2021 was Emerald Mutual Fund Advisers Trust, an estimated $3.35M added.
- The largest Spartan Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-ha seller in Q1 2021 was Adage Capital Partners, an estimated $29.2M sold.
Based on aggregated 13F filings for Q1 2021.