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.
44 hedge funds and large institutions have $127M 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 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 34 closing their positions.
35% less funds holding
Funds holding: 68 → 44 (-24)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
51% less capital invested
Capital invested by funds: $256M → $127M (-$129M)
71% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$6.62M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
+$6M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$4.11M |
| 4 |
FIG
Fortress Investment Group
New York
|
+$1.8M |
| 5 |
AMH
Apollo Management Holdings
New York
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.4M |
| 2 |
Blackstone Inc
New York
|
-$10M |
| 3 |
SCP
Soroban Capital Partners
New York
|
-$10M |
| 4 |
CCP
Corbin Capital Partners
New York
|
-$7.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$7.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Pentwater Capital Management
Naples,
Florida
| – | -$100K | -10,000 | Closed |
|
|
AA
77
Ancora Advisors
Cleveland,
Ohio
| – | -$70K | -7,000 | Closed |
|
78
UBS Group
Zurich,
Switzerland
| – | -$48.8K | -4,886 | -100% |
|
STRE.U Hedge Fund Activity: Q2 2021 in Review
44 of the 5,745 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 2021, worth a combined $127M — down 51% from $256M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of STRE.U and 10 opened new positions — a net loss of 24 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $6.62M. The largest seller was Millennium Management, cutting an estimated $13.4M.
- 44 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 2021, down from 68 in Q1 2021.
- Funds reported $127M 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 2021, down 51% quarter-over-quarter.
- 10 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 2021 and 34 closed out, a net change of -24 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 2021 was Periscope Capital, an estimated $6.62M 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 2021 was Millennium Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2021.