Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o
STPK.U
STPK.U was delisted on the 28th of April, 2021.
14 hedge funds and large institutions have $45.7M invested in Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 66 closing their positions.
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
81% less funds holding
Funds holding: 74 → 14 (-60)
86% less capital invested
Capital invested by funds: $336M → $45.7M (-$290M)
89% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$7.59M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$433K |
| 3 |
Jane Street
New York
|
+$347K |
| 4 |
VF
Virtu Financial
New York
|
+$187K |
| 5 |
KC
Kepos Capital
New York
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$34.9M |
| 2 |
VanEck Associates
New York
|
-$31.6M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$17.4M |
| 4 |
Blackstone Inc
New York
|
-$14.3M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
76
Saba Capital Management
New York
| – | -$513K | -50,000 | Closed |
|
|
CS
77
Credit Suisse
Zurich,
Switzerland
| – | -$450K | -43,890 | Closed |
|
|
MSU
78
Mizuho Securities USA
New York
| – | -$255K | -25,000 | Closed |
|
79
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$106K | -10,300 | Closed |
|
|
PAM
80
Panagora Asset Management
Boston,
Massachusetts
| – | -$82K | -7,958 | Closed |
|
STPK.U Hedge Fund Activity: Q4 2020 in Review
14 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o (STPK.U) for Q4 2020, worth a combined $45.7M — down 86% from $336M a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of STPK.U and 7 opened new positions — a net loss of 59 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $7.59M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $34.9M sold.
- 14 institutional investors held Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o (STPK.U) as of Q4 2020, down from 74 in Q3 2020.
- Funds reported $45.7M of Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o stock for Q4 2020, down 86% quarter-over-quarter.
- 7 funds opened new Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o positions in Q4 2020 and 66 closed out, a net change of -59 holders.
- The largest Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o buyer in Q4 2020 was Park West Asset Management, an estimated $7.59M added.
- The largest Star Peak Energy Transition Corp. Units, each consisting of one share of Class A common stock, and o seller in Q4 2020 was Adage Capital Partners, an estimated $34.9M sold.
Based on aggregated 13F filings for Q4 2020.