Spruce Power Holding Corp
SPRU
103 hedge funds and large institutions have $218M invested in Spruce Power Holding Corp in 2021 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 22 increasing their positions, 7 reducing their positions, and 33 closing their positions.
214% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 7
109% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 33
54% more funds holding
Funds holding: 67 → 103 (+36)
0.99% more ownership
Funds ownership: 1.31% → 2.31% (+0.99%)
24% less call options, than puts
Call options by funds: $27.2M | Put options by funds: $35.5M
30% less capital invested
Capital invested by funds: $310M → $218M (-$92.8M)
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$129M |
| 2 |
MFA
Mayflower Financial Advisors
Boston,
Massachusetts
|
+$24.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$22.5M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$13.1M |
| 5 |
BlackRock
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$29.4M |
| 2 |
Millennium Management
New York
|
-$27.6M |
| 3 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$14.9M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$11.9M |
| 5 |
CC
Caxton Corporation
Princeton,
New Jersey
|
-$7.12M |
SPRU Hedge Fund Activity: Q1 2021 in Review
103 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Spruce Power Holding Corp (SPRU) for Q1 2021, worth a combined $218M — down 30% from $310M a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new SPRU positions and 33 closed out — a net gain of 36 holders — while 22 added to existing stakes and 7 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $129M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $29.4M sold.
- 103 institutional investors held Spruce Power Holding Corp (SPRU) as of Q1 2021, up from 67 in Q4 2020.
- Funds reported $218M of Spruce Power Holding Corp stock for Q1 2021, down 30% quarter-over-quarter.
- 69 funds opened new Spruce Power Holding Corp positions in Q1 2021 and 33 closed out, a net change of +36 holders.
- The largest Spruce Power Holding Corp buyer in Q1 2021 was Vanguard Group, an estimated $129M added.
- The largest Spruce Power Holding Corp seller in Q1 2021 was Hudson Bay Capital Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2021.