Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant
STRE.U
STRE.U was delisted on the 14th of March, 2023.
29 hedge funds and large institutions have $25.6M invested in Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 9 closing their positions.
12% less funds holding
Funds holding: 33 → 29 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
67% less capital invested
Capital invested by funds: $77.6M → $25.6M (-$52M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$571K |
| 2 |
Goldman Sachs
New York
|
+$392K |
| 3 |
PCM
Prelude Capital Management
New York
|
+$108K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.53K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$408 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$16.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.91M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$8.3M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.55M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| $14K | – | – | – |
|
|
27
UBS Group
Zurich,
Switzerland
| $6K | +$5.53K | +556 | New |
|
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5.28K | +$408 | +41 | +0% |
|
|
GCL
29
Glazer Capital LLC
New York
| – | -$16.9M | -1,716,505 | Closed |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$9.91M | -1,003,393 | Closed |
|
|
AMH
31
Apollo Management Holdings
New York
| – | -$8.3M | -840,502 | Closed |
|
|
PC
32
Periscope Capital
Toronto,
Ontario, Canada
| – | -$6.55M | -662,005 | Closed |
|
|
SRFM
33
Shannon River Fund Management
New York
| – | -$2.47M | -250,000 | Closed |
|
|
CL
34
CSS LLC
Chicago,
Illinois
| – | -$2.42M | -244,890 | Closed |
|
35
Tudor Investment Corp
Stamford,
Connecticut
| – | -$390K | -39,460 | Closed |
|
|
EC
36
EJF Capital
Arlington,
Virginia
| – | -$198K | -20,000 | Closed |
|
STRE.U Hedge Fund Activity: Q4 2021 in Review
29 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant (STRE.U) for Q4 2021, worth a combined $25.6M — down 67% from $77.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of STRE.U and 5 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $571K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $16.9M sold.
- 29 institutional investors held Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant (STRE.U) as of Q4 2021, down from 33 in Q3 2021.
- Funds reported $25.6M of Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant stock for Q4 2021, down 67% quarter-over-quarter.
- 5 funds opened new Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant positions in Q4 2021 and 9 closed out, a net change of -4 holders.
- The largest Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $571K added.
- The largest Supernova Partners Acquisition Company III, Ltd. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant seller in Q4 2021 was Glazer Capital LLC, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2021.