Spruce Power Holding Corp
SPRU
67 hedge funds and large institutions have $310M invested in Spruce Power Holding Corp in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 32 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
156% more capital invested
Capital invested by funds: $121M → $310M (+$189M)
38% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 32
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
22% more funds holding
Funds holding: 55 → 67 (+12)
17% more call options, than puts
Call options by funds: $95.4M | Put options by funds: $81.9M
4.39% less ownership
Funds ownership: 5.7% → 1.31% (-4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$38.3M |
| 2 |
Millennium Management
New York
|
+$22.8M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$20.2M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$20.2M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UFM
Ursa Fund Management
Danville,
California
|
-$30M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$14.9M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$8.1M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.96M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$5.83M |
SPRU Hedge Fund Activity: Q4 2020 in Review
67 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Spruce Power Holding Corp (SPRU) for Q4 2020, worth a combined $310M — up 156% from $121M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SPRU positions and 32 closed out — a net gain of 12 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $38.3M. The largest seller was Ursa Fund Management, cutting an estimated $30M.
- 67 institutional investors held Spruce Power Holding Corp (SPRU) as of Q4 2020, up from 55 in Q3 2020.
- Funds reported $310M of Spruce Power Holding Corp stock for Q4 2020, up 156% quarter-over-quarter.
- 44 funds opened new Spruce Power Holding Corp positions in Q4 2020 and 32 closed out, a net change of +12 holders.
- The largest Spruce Power Holding Corp buyer in Q4 2020 was D.E. Shaw & Co, an estimated $38.3M added.
- The largest Spruce Power Holding Corp seller in Q4 2020 was Ursa Fund Management, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2020.