Tekkorp Digital Acquisition Corp. Unit
TEKKU
TEKKU was delisted on the 27th of October, 2022.
24 hedge funds and large institutions have $50.7M invested in Tekkorp Digital Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 16 reducing their positions, and 23 closing their positions.
45% less funds holding
Funds holding: 44 → 24 (-20)
67% less capital invested
Capital invested by funds: $156M → $50.7M (-$105M)
87% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 23
94% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Maven Securities
St Helier,
Jersey
|
+$552K |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$433K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.3M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$11.9M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$11.3M |
| 4 |
JG
Jefferies Group
New York
|
-$9.82M |
| 5 |
Blackstone Inc
New York
|
-$5.38M |
TEKKU Hedge Fund Activity: Q1 2021 in Review
24 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Tekkorp Digital Acquisition Corp. Unit (TEKKU) for Q1 2021, worth a combined $50.7M — down 67% from $156M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TEKKU and 3 opened new positions — a net loss of 20 holders — while 16 trimmed existing stakes and 1 added.
The largest buyer was Maven Securities, adding an estimated $552K. The largest seller was Millennium Management, exiting entirely with an estimated $18.3M sold.
- 24 institutional investors held Tekkorp Digital Acquisition Corp. Unit (TEKKU) as of Q1 2021, down from 44 in Q4 2020.
- Funds reported $50.7M of Tekkorp Digital Acquisition Corp. Unit stock for Q1 2021, down 67% quarter-over-quarter.
- 3 funds opened new Tekkorp Digital Acquisition Corp. Unit positions in Q1 2021 and 23 closed out, a net change of -20 holders.
- The largest Tekkorp Digital Acquisition Corp. Unit buyer in Q1 2021 was Maven Securities, an estimated $552K added.
- The largest Tekkorp Digital Acquisition Corp. Unit seller in Q1 2021 was Millennium Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q1 2021.