Silver Spike Acquisition Corp. Units
SSPKU
SSPKU was delisted on the 11th of June, 2021.
18 hedge funds and large institutions have $57.5M invested in Silver Spike Acquisition Corp. Units in 2020 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 6 closing their positions.
28% less funds holding
Funds holding: 25 → 18 (-7)
47% less capital invested
Capital invested by funds: $108M → $57.5M (-$51M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
+$11.8K |
| 2 |
FIA
FNY Investment Advisers
New York
|
+$5.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$18.1M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$10.2M |
| 3 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$9.15M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.07M |
| 5 |
CIM
Cowen Investment Management
New York
|
-$2.03M |
SSPKU Hedge Fund Activity: Q1 2020 in Review
18 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Silver Spike Acquisition Corp. Units (SSPKU) for Q1 2020, worth a combined $57.5M — down 47% from $108M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SSPKU and 0 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Walleye Capital, adding an estimated $11.8K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $18.1M sold.
- 18 institutional investors held Silver Spike Acquisition Corp. Units (SSPKU) as of Q1 2020, down from 25 in Q4 2019.
- Funds reported $57.5M of Silver Spike Acquisition Corp. Units stock for Q1 2020, down 47% quarter-over-quarter.
- 0 funds opened new Silver Spike Acquisition Corp. Units positions in Q1 2020 and 6 closed out, a net change of -6 holders.
- The largest Silver Spike Acquisition Corp. Units buyer in Q1 2020 was Walleye Capital, an estimated $11.8K added.
- The largest Silver Spike Acquisition Corp. Units seller in Q1 2020 was Polar Asset Management Partners, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2020.