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 $30.9M 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
60% less capital invested
Capital invested by funds: $78.1M → $30.9M (-$47.2M)
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 |
STRE.U Hedge Fund Activity: Q4 2021 in Review
29 of the 6,518 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 $30.9M — down 60% from $78.1M 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 $30.9M 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 60% 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.