Silver Spike Acquisition Corp. Units
SSPKU
SSPKU was delisted on the 11th of June, 2021.
25 hedge funds and large institutions have $108M invested in Silver Spike Acquisition Corp. Units in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 14 closing their positions.
32% less funds holding
Funds holding: 37 → 25 (-12)
49% less capital invested
Capital invested by funds: $214M → $108M (-$106M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$3.54M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$111K |
| 3 |
Walleye Trading
New York
|
+$42.9K |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$1.46K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$51 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$22.6M |
| 2 |
NM
Newtyn Management
New York
|
-$18.2M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$11.6M |
| 4 |
LA
Linden Advisors
New York
|
-$11.1M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$8.07M |
SSPKU Hedge Fund Activity: Q4 2019 in Review
25 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Silver Spike Acquisition Corp. Units (SSPKU) for Q4 2019, worth a combined $108M — down 49% from $214M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SSPKU and 2 opened new positions — a net loss of 12 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Vertex One Asset Management, opening a new position worth an estimated $3.54M. The largest seller was HGC Investment Management, cutting an estimated $22.6M.
- 25 institutional investors held Silver Spike Acquisition Corp. Units (SSPKU) as of Q4 2019, down from 37 in Q3 2019.
- Funds reported $108M of Silver Spike Acquisition Corp. Units stock for Q4 2019, down 49% quarter-over-quarter.
- 2 funds opened new Silver Spike Acquisition Corp. Units positions in Q4 2019 and 14 closed out, a net change of -12 holders.
- The largest Silver Spike Acquisition Corp. Units buyer in Q4 2019 was Vertex One Asset Management, an estimated $3.54M added.
- The largest Silver Spike Acquisition Corp. Units seller in Q4 2019 was HGC Investment Management, an estimated $22.6M sold.
Based on aggregated 13F filings for Q4 2019.