Target Global Acquisition I Corp. Unit
TGAAU
TGAAU was delisted on the 13th of December, 2024.
21 hedge funds and large institutions have $23.6M invested in Target Global Acquisition I Corp. Unit in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 9 closing their positions.
22% less funds holding
Funds holding: 27 → 21 (-6)
38% less capital invested
Capital invested by funds: $37.9M → $23.6M (-$14.3M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$1M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$116K |
| 3 |
CS
Clear Street
New York
|
+$102K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.08K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$40 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$9.93M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.99M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.25M |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$645K |
| 5 |
Barclays
London,
United Kingdom
|
-$585K |
TGAAU Hedge Fund Activity: Q3 2022 in Review
21 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Target Global Acquisition I Corp. Unit (TGAAU) for Q3 2022, worth a combined $23.6M — down 38% from $37.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TGAAU and 3 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Silverback Asset Management, opening a new position worth an estimated $1M. The largest seller was Magnetar Financial, exiting entirely with an estimated $9.93M sold.
- 21 institutional investors held Target Global Acquisition I Corp. Unit (TGAAU) as of Q3 2022, down from 27 in Q2 2022.
- Funds reported $23.6M of Target Global Acquisition I Corp. Unit stock for Q3 2022, down 38% quarter-over-quarter.
- 3 funds opened new Target Global Acquisition I Corp. Unit positions in Q3 2022 and 9 closed out, a net change of -6 holders.
- The largest Target Global Acquisition I Corp. Unit buyer in Q3 2022 was Silverback Asset Management, an estimated $1M added.
- The largest Target Global Acquisition I Corp. Unit seller in Q3 2022 was Magnetar Financial, an estimated $9.93M sold.
Based on aggregated 13F filings for Q3 2022.