Tekkorp Digital Acquisition Corp. Class A Ordinary Shares
TEKK
TEKK was delisted on the 27th of October, 2022.
60 hedge funds and large institutions have $203M invested in Tekkorp Digital Acquisition Corp. Class A Ordinary Shares in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 12 closing their positions.
3% more capital invested
Capital invested by funds: $197M → $203M (+$5.95M)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
8% less funds holding
Funds holding: 65 → 60 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$11M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$9.77M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.88M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.43M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$9.9M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$6.42M |
| 3 |
JP Morgan Chase
New York
|
-$4.82M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$2.98M |
| 5 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$2.58M |
TEKK Hedge Fund Activity: Q3 2022 in Review
60 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Tekkorp Digital Acquisition Corp. Class A Ordinary Shares (TEKK) for Q3 2022, worth a combined $203M — up 3% from $197M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TEKK and 7 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 12 added.
The largest buyer was Glazer Capital LLC, adding an estimated $11M. The largest seller was Park West Asset Management, exiting entirely with an estimated $9.9M sold.
- 60 institutional investors held Tekkorp Digital Acquisition Corp. Class A Ordinary Shares (TEKK) as of Q3 2022, down from 65 in Q2 2022.
- Funds reported $203M of Tekkorp Digital Acquisition Corp. Class A Ordinary Shares stock for Q3 2022, up 3% quarter-over-quarter.
- 7 funds opened new Tekkorp Digital Acquisition Corp. Class A Ordinary Shares positions in Q3 2022 and 12 closed out, a net change of -5 holders.
- The largest Tekkorp Digital Acquisition Corp. Class A Ordinary Shares buyer in Q3 2022 was Glazer Capital LLC, an estimated $11M added.
- The largest Tekkorp Digital Acquisition Corp. Class A Ordinary Shares seller in Q3 2022 was Park West Asset Management, an estimated $9.9M sold.
Based on aggregated 13F filings for Q3 2022.