Switchback II Corporation
SWBK
SWBK was delisted on the 3rd of November, 2021.
73 hedge funds and large institutions have $287M invested in Switchback II Corporation in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 17 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $263M → $287M (+$24.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 77 → 73 (-4)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$43.4M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$10.1M |
| 3 |
OPU
Omni Partners US
Irvine,
California
|
+$7.84M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.58M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$22.3M |
| 2 |
SIG
Senator Investment Group
New York
|
-$14.2M |
| 3 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$7.42M |
| 4 |
GL
Governors Lane
New York
|
-$4.47M |
| 5 |
RA
Ramius Advisors
New York
|
-$4.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GL
76
Governors Lane
New York
| – | -$4.47M | -451,927 | Closed |
|
|
RA
77
Ramius Advisors
New York
| – | -$4.13M | -417,977 | Closed |
|
|
MP
78
Mangrove Partners
Greenwich,
Connecticut
| – | -$4.12M | -416,608 | Closed |
|
|
FTCM
79
First Trust Capital Management
Chicago,
Illinois
| – | -$3.88M | -391,994 | Closed |
|
|
GCL
80
Glazer Capital LLC
New York
| – | -$3.07M | -310,702 | Closed |
|
81
AllianceBernstein
Nashville,
Tennessee
| – | -$2.71M | -273,874 | Closed |
|
|
LCM
82
Landscape Capital Management
Englewood,
New Jersey
| – | -$1.21M | -122,284 | Closed |
|
|
AC
83
Athanor Capital
New York
| – | -$1.03M | -103,922 | Closed |
|
84
Morgan Stanley
New York
| – | -$586K | -59,211 | Closed |
|
|
OFG
85
OTA Financial Group
Purchase,
New York
| – | -$521K | -52,686 | Closed |
|
|
AA
86
AQR Arbitrage
Greenwich,
Connecticut
| – | -$412K | -41,653 | Closed |
|
|
CCM
87
CAAS Capital Management
New York
| – | -$226K | -22,900 | Closed |
|
88
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$211K | -21,298 | Closed |
|
|
LCS
89
Levin Capital Strategies
New York
| – | -$99K | -10,000 | Closed |
|
SWBK Hedge Fund Activity: Q3 2021 in Review
73 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Switchback II Corporation (SWBK) for Q3 2021, worth a combined $287M — up 9.4% from $263M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SWBK and 13 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 19 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $43.4M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $22.3M sold.
- 73 institutional investors held Switchback II Corporation (SWBK) as of Q3 2021, down from 77 in Q2 2021.
- Funds reported $287M of Switchback II Corporation stock for Q3 2021, up 9.4% quarter-over-quarter.
- 13 funds opened new Switchback II Corporation positions in Q3 2021 and 17 closed out, a net change of -4 holders.
- The largest Switchback II Corporation buyer in Q3 2021 was Fidelity Investments, an estimated $43.4M added.
- The largest Switchback II Corporation seller in Q3 2021 was Adage Capital Partners, an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2021.