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 |
SRNGU Hedge Fund Activity: Q2 2021 in Review
63 of the 5,767 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.