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.
25 hedge funds and large institutions have $17.8M 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 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
7% less funds holding
Funds holding: 27 → 25 (-2)
44% less capital invested
Capital invested by funds: $31.8M → $17.8M (-$14M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$2.46M |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$1.02M |
| 3 |
CS
Clear Street
New York
|
+$17.7K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$11.2K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$4.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$5.28M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.87M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$936K |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$896K |
| 5 |
JP Morgan Chase
New York
|
-$451K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$936K | -95,693 | Closed |
|
|
27
Parallax Volatility Advisers
San Francisco,
California
| – | -$896K | -91,127 | Closed |
|
|
28
JP Morgan Chase
New York
| – | -$451K | -46,124 | Closed |
|
STRE.U Hedge Fund Activity: Q2 2022 in Review
25 of the 5,936 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 Q2 2022, worth a combined $17.8M — down 44% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of STRE.U and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Cowen Investment Management, adding an estimated $2.46M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $5.28M sold.
- 25 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 Q2 2022, down from 27 in Q1 2022.
- Funds reported $17.8M 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 Q2 2022, down 44% quarter-over-quarter.
- 2 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 Q2 2022 and 4 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 Q2 2022 was Cowen Investment Management, an estimated $2.46M 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 Q2 2022 was Manulife (Manufacturers Life Insurance), an estimated $5.28M sold.
Based on aggregated 13F filings for Q2 2022.