Switchback II Corporation
SWBK
SWBK was delisted on the 3rd of November, 2021.
77 hedge funds and large institutions have $263M invested in Switchback II Corporation in 2021 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 14 closing their positions.
179% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 14
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
85% more capital invested
Capital invested by funds: $142M → $263M (+$120M)
48% more funds holding
Funds holding: 52 → 77 (+25)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$26.4M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$15.5M |
| 3 |
SIG
Senator Investment Group
New York
|
+$14.3M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$12.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
-$10.9M |
| 2 |
AC
Antara Capital
New York
|
-$10.8M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$5.9M |
| 4 |
YCM
Yaupon Capital Management
New York
|
-$4.3M |
| 5 |
ACM
Anomaly Capital Management
New York
|
-$4.24M |
SWBK Hedge Fund Activity: Q2 2021 in Review
77 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Switchback II Corporation (SWBK) for Q2 2021, worth a combined $263M — up 85% from $142M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SWBK positions and 14 closed out — a net gain of 25 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $26.4M. The largest seller was Diameter Capital Partners, exiting entirely with an estimated $10.9M sold.
- 77 institutional investors held Switchback II Corporation (SWBK) as of Q2 2021, up from 52 in Q1 2021.
- Funds reported $263M of Switchback II Corporation stock for Q2 2021, up 85% quarter-over-quarter.
- 39 funds opened new Switchback II Corporation positions in Q2 2021 and 14 closed out, a net change of +25 holders.
- The largest Switchback II Corporation buyer in Q2 2021 was Citadel Advisors, an estimated $26.4M added.
- The largest Switchback II Corporation seller in Q2 2021 was Diameter Capital Partners, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2021.