Starboard Value Acquisition Corp. Unit
SVACU
SVACU was delisted on the 29th of July, 2021.
24 hedge funds and large institutions have $41.2M invested in Starboard Value Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 41 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
59% less funds holding
Funds holding: 58 → 24 (-34)
64% less capital invested
Capital invested by funds: $116M → $41.2M (-$74.4M)
80% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LK
Lumbard & Kellner
Hollis,
New Hampshire
|
+$2.98M |
| 2 |
VF
Virtu Financial
New York
|
+$888K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$336K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$311K |
| 5 |
AL
Arnhold LLC
New York
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$14.5M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$9.49M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$6.67M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.15M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$5.15M |
SVACU Hedge Fund Activity: Q1 2021 in Review
24 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Starboard Value Acquisition Corp. Unit (SVACU) for Q1 2021, worth a combined $41.2M — down 64% from $116M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of SVACU and 8 opened new positions — a net loss of 33 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Lumbard & Kellner, opening a new position worth an estimated $2.98M. The largest seller was Millennium Management, exiting entirely with an estimated $14.5M sold.
- 24 institutional investors held Starboard Value Acquisition Corp. Unit (SVACU) as of Q1 2021, down from 58 in Q4 2020.
- Funds reported $41.2M of Starboard Value Acquisition Corp. Unit stock for Q1 2021, down 64% quarter-over-quarter.
- 8 funds opened new Starboard Value Acquisition Corp. Unit positions in Q1 2021 and 41 closed out, a net change of -33 holders.
- The largest Starboard Value Acquisition Corp. Unit buyer in Q1 2021 was Lumbard & Kellner, an estimated $2.98M added.
- The largest Starboard Value Acquisition Corp. Unit seller in Q1 2021 was Millennium Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2021.