Spruce Power Holding Corp
SPRU
43 hedge funds and large institutions have $168M invested in Spruce Power Holding Corp in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
34% more funds holding
Funds holding: 32 → 43 (+11)
20% more capital invested
Capital invested by funds: $140M → $168M (+$28M)
1.33% more ownership
Funds ownership: 7.67% → 9.01% (+1.3%)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Omni Partners
London,
United Kingdom
|
+$10M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$8.92M |
| 3 |
CIM
Cowen Investment Management
New York
|
+$5.68M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.97M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.1M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.54M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$2.33M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$2M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.98M |
SPRU Hedge Fund Activity: Q2 2020 in Review
43 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Spruce Power Holding Corp (SPRU) for Q2 2020, worth a combined $168M — up 20% from $140M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPRU positions and 3 closed out — a net gain of 11 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Omni Partners, adding an estimated $10M. The largest seller was Bank of Montreal, cutting an estimated $10.1M.
- 43 institutional investors held Spruce Power Holding Corp (SPRU) as of Q2 2020, up from 32 in Q1 2020.
- Funds reported $168M of Spruce Power Holding Corp stock for Q2 2020, up 20% quarter-over-quarter.
- 14 funds opened new Spruce Power Holding Corp positions in Q2 2020 and 3 closed out, a net change of +11 holders.
- The largest Spruce Power Holding Corp buyer in Q2 2020 was Omni Partners, an estimated $10M added.
- The largest Spruce Power Holding Corp seller in Q2 2020 was Bank of Montreal, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2020.