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.
27 hedge funds and large institutions have $31.8M 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 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 7 closing their positions.
24% more capital invested
Capital invested by funds: $25.6M → $31.8M (+$6.15M)
7% less funds holding
Funds holding: 29 → 27 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$2.47M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.61M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$332K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$105K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$1.48M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$990K |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$495K |
| 4 |
Goldman Sachs
New York
|
-$391K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$293K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HP
26
Hound Partners
New York
| – | -$1.48M | -149,703 | Closed |
|
|
MTCM
27
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$990K | -100,000 | Closed |
|
|
COPPSERS
28
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$495K | -50,000 | Closed |
|
|
29
Goldman Sachs
New York
| – | -$391K | -39,460 | Closed |
|
|
ICM
30
III Capital Management
Boca Raton,
Florida
| – | -$123K | -12,494 | Closed |
|
|
PCM
31
Prelude Capital Management
New York
| – | -$108K | -10,910 | Closed |
|
|
AA
32
Ancora Advisors
Cleveland,
Ohio
| – | -$14K | -1,400 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | +$651 | +66 | New |
|
STRE.U Hedge Fund Activity: Q1 2022 in Review
27 of the 6,340 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 Q1 2022, worth a combined $31.8M — up 24% from $25.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of STRE.U and 5 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Shannon River Fund Management, opening a new position worth an estimated $2.47M. The largest seller was Hound Partners, exiting entirely with an estimated $1.48M sold.
- 27 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 Q1 2022, down from 29 in Q4 2021.
- Funds reported $31.8M 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 Q1 2022, up 24% 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 Q1 2022 and 7 closed out, a net change of -2 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 Q1 2022 was Shannon River Fund Management, an estimated $2.47M 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 Q1 2022 was Hound Partners, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2022.