Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one
SWBK.U
SWBK.U was delisted on the 3rd of November, 2021.
17 hedge funds and large institutions have $29.5M invested in Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 24 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
58% less funds holding
Funds holding: 40 → 17 (-23)
68% less capital invested
Capital invested by funds: $91.6M → $29.5M (-$62.1M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.69M |
| 2 |
KC
Kepos Capital
New York
|
+$357K |
| 3 |
TAL
TIG Advisors LLC
New York
|
+$206K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$107K |
| 5 |
HF
HRT Financial
New York
|
+$13.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.7M |
| 2 |
SIG
Senator Investment Group
New York
|
-$12.2M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$9.85M |
| 4 |
SPC
Slate Path Capital
New York
|
-$6.11M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$3.82M |
SWBK.U Hedge Fund Activity: Q2 2021 in Review
17 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one (SWBK.U) for Q2 2021, worth a combined $29.5M — down 68% from $91.6M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SWBK.U and 1 opened new positions — a net loss of 23 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Virtu Financial, adding an estimated $1.69M. The largest seller was Goldman Sachs, exiting entirely with an estimated $12.7M sold.
- 17 institutional investors held Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one (SWBK.U) as of Q2 2021, down from 40 in Q1 2021.
- Funds reported $29.5M of Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one stock for Q2 2021, down 68% quarter-over-quarter.
- 1 fund opened new Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one positions in Q2 2021 and 24 closed out, a net change of -23 holders.
- The largest Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one buyer in Q2 2021 was Virtu Financial, an estimated $1.69M added.
- The largest Switchback II Corporation Units, each consisting of one Class A ordinary share and one fifth of one seller in Q2 2021 was Goldman Sachs, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2021.