Soaring Eagle Acquisition Corp. Unit
SRNGU
SRNGU was delisted on the 16th of September, 2021.
63 hedge funds and large institutions have $350M invested in Soaring Eagle Acquisition Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 24 reducing their positions, and 122 closing their positions.
46% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 24
65% less funds holding
Funds holding: 178 → 63 (-115)
71% less capital invested
Capital invested by funds: $1.2B → $350M (-$851M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
94% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 122
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
+$4.76M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$4.2M |
| 3 |
TAL
TIG Advisors LLC
New York
|
+$2.73M |
| 4 |
MA
MYDA Advisors
Woodmere,
New York
|
+$1.03M |
| 5 |
HF
HRT Financial
New York
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$46.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$36.9M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$36.2M |
| 4 |
LCM
LH Capital Markets
New York
|
-$32.9M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$277K | -27,435 | Closed |
|
177
Creative Planning
Overland Park,
Kansas
| – | -$261K | -25,836 | Closed |
|
178
Parallax Volatility Advisers
San Francisco,
California
| – | -$253K | -25,000 | Closed |
|
|
HHGC
179
Hunting Hill Global Capital
New York
| – | -$202K | -20,000 | Closed |
|
|
CGA
180
Crescent Grove Advisors
Lake Forest,
Illinois
| – | -$171K | -16,940 | Closed |
|
|
VCM
181
Vivaldi Capital Management
Chicago,
Illinois
| – | -$127K | -12,500 | Closed |
|
|
CAN
182
Cetera Advisor Networks
El Segundo,
California
| – | -$115K | -11,400 | Closed |
|
|
DCM
183
Dupont Capital Management
Wilmington,
Delaware
| – | -$101K | -10,000 | Closed |
|
|
SA
184
Sycale Advisors
New York
| – | -$51K | -5,000 | Closed |
|
185
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$31K | -3,000 | Closed |
|
SRNGU Hedge Fund Activity: Q2 2021 in Review
63 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Soaring Eagle Acquisition Corp. Unit (SRNGU) for Q2 2021, worth a combined $350M — down 71% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 122 funds closed out of SRNGU and 7 opened new positions — a net loss of 115 holders — while 24 trimmed existing stakes and 13 added.
The largest buyer was Greenlight Capital, opening a new position worth an estimated $4.76M. The largest seller was Millennium Management, cutting an estimated $46.4M.
- 63 institutional investors held Soaring Eagle Acquisition Corp. Unit (SRNGU) as of Q2 2021, down from 178 in Q1 2021.
- Funds reported $350M of Soaring Eagle Acquisition Corp. Unit stock for Q2 2021, down 71% quarter-over-quarter.
- 7 funds opened new Soaring Eagle Acquisition Corp. Unit positions in Q2 2021 and 122 closed out, a net change of -115 holders.
- The largest Soaring Eagle Acquisition Corp. Unit buyer in Q2 2021 was Greenlight Capital, an estimated $4.76M added.
- The largest Soaring Eagle Acquisition Corp. Unit seller in Q2 2021 was Millennium Management, an estimated $46.4M sold.
Based on aggregated 13F filings for Q2 2021.