Silver Spike Acquisition Corp. Units
SSPKU
SSPKU was delisted on the 11th of June, 2021.
3 hedge funds and large institutions have $10K invested in Silver Spike Acquisition Corp. Units in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 9 closing their positions.
73% less funds holding
Funds holding: 11 → 3 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
100% less capital invested
Capital invested by funds: $31M → $10K (-$31M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$6.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$18.5M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.81M |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$2.58M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.34M |
| 5 |
Walleye Capital
New York
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | +$6.99K | +587 | New |
|
|
FIA
2
FNY Investment Advisers
New York
| $1K | -$5.95K | -500 | -83% |
|
|
DKCM
3
Davidson Kempner Capital Management
New York
| – | -$18.5M | -1,788,465 | Closed |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| – | -$3.81M | -367,200 | Closed |
|
|
MTCM
5
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$2.58M | -250,008 | Closed |
|
|
BCM
6
Basso Capital Management
Stamford,
Connecticut
| – | -$2.34M | -226,906 | Closed |
|
|
7
Walleye Capital
New York
| – | -$1.33M | -129,051 | Closed |
|
|
AGC
8
Angelo Gordon & Co
New York
| – | -$980K | -95,027 | Closed |
|
9
Walleye Trading
New York
| – | -$900K | -87,253 | Closed |
|
10
Citigroup
New York
| – | -$519K | -50,000 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$16.9K | -1,416 | -100% |
|
12
UBS Group
Zurich,
Switzerland
| – | -$11K | -1,018 | Closed |
|
SSPKU Hedge Fund Activity: Q4 2020 in Review
3 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Silver Spike Acquisition Corp. Units (SSPKU) for Q4 2020, worth a combined $10K — down 100% from $31M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SSPKU and 1 opened new positions — a net loss of 8 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $6.99K. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $18.5M sold.
- 3 institutional investors held Silver Spike Acquisition Corp. Units (SSPKU) as of Q4 2020, down from 11 in Q3 2020.
- Funds reported $10K of Silver Spike Acquisition Corp. Units stock for Q4 2020, down 100% quarter-over-quarter.
- 1 fund opened new Silver Spike Acquisition Corp. Units positions in Q4 2020 and 9 closed out, a net change of -8 holders.
- The largest Silver Spike Acquisition Corp. Units buyer in Q4 2020 was PNC Financial Services Group, an estimated $6.99K added.
- The largest Silver Spike Acquisition Corp. Units seller in Q4 2020 was Davidson Kempner Capital Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q4 2020.