Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one
STPC.U
STPC.U was delisted on the 29th of September, 2021.
23 hedge funds and large institutions have $32.2M invested in Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 34 closing their positions.
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
59% less funds holding
Funds holding: 56 → 23 (-33)
78% less capital invested
Capital invested by funds: $145M → $32.2M (-$113M)
94% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$589K |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$201K |
| 3 |
HF
HRT Financial
New York
|
+$26.1K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.08K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$666 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$29.6M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$13M |
| 3 |
SPC
Slate Path Capital
New York
|
-$10.5M |
| 4 |
VanEck Associates
New York
|
-$10.1M |
| 5 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$8.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
51
Gabelli Funds
Rye,
New York
| – | -$154K | -14,700 | Closed |
|
|
DIG
52
DeepCurrents Investment Group
New York
| – | -$145K | -13,819 | Closed |
|
53
Verition Fund Management
Greenwich,
Connecticut
| – | -$113K | -10,777 | Closed |
|
54
Parallax Volatility Advisers
San Francisco,
California
| – | -$105K | -10,000 | Closed |
|
|
RCM
55
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$105K | -10,000 | Closed |
|
|
FIA
56
FNY Investment Advisers
New York
| – | -$52K | -5,000 | Closed |
|
57
JP Morgan Chase
New York
| – | -$5K | -481 | Closed |
|
STPC.U Hedge Fund Activity: Q2 2021 in Review
23 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one (STPC.U) for Q2 2021, worth a combined $32.2M — down 78% from $145M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of STPC.U and 2 opened new positions — a net loss of 32 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $589K. The largest seller was Goldman Sachs, exiting entirely with an estimated $29.6M sold.
- 23 institutional investors held Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one (STPC.U) as of Q2 2021, down from 56 in Q1 2021.
- Funds reported $32.2M of Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one stock for Q2 2021, down 78% quarter-over-quarter.
- 2 funds opened new Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one positions in Q2 2021 and 34 closed out, a net change of -32 holders.
- The largest Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one buyer in Q2 2021 was Virtu Financial, an estimated $589K added.
- The largest Star Peak Corp II Units, each consisting of one share of Class A common stock and one-fourth of one seller in Q2 2021 was Goldman Sachs, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2021.