TG Venture Acquisition Corp. Class A Common Stock
TGVC
TGVC was delisted on the 8th of March, 2024.
8 hedge funds and large institutions have $10.4M invested in TG Venture Acquisition Corp. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 41 closing their positions.
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
83% less funds holding
Funds holding: 47 → 8 (-39)
89.63% less ownership
Funds ownership: 98.19% → 8.55% (-90%)
91% less capital invested
Capital invested by funds: $117M → $10.4M (-$107M)
95% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 41
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.02M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$407K |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$13.8M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.89M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$7.05M |
| 4 |
LA
Linden Advisors
New York
|
-$6.22M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.21M |
TGVC Hedge Fund Activity: Q2 2023 in Review
8 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in TG Venture Acquisition Corp. Class A Common Stock (TGVC) for Q2 2023, worth a combined $10.4M — down 91% from $117M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of TGVC and 2 opened new positions — a net loss of 39 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Bulldog Investors, adding an estimated $2.02M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $13.8M sold.
- 8 institutional investors held TG Venture Acquisition Corp. Class A Common Stock (TGVC) as of Q2 2023, down from 47 in Q1 2023.
- Funds reported $10.4M of TG Venture Acquisition Corp. Class A Common Stock stock for Q2 2023, down 91% quarter-over-quarter.
- 2 funds opened new TG Venture Acquisition Corp. Class A Common Stock positions in Q2 2023 and 41 closed out, a net change of -39 holders.
- The largest TG Venture Acquisition Corp. Class A Common Stock buyer in Q2 2023 was Bulldog Investors, an estimated $2.02M added.
- The largest TG Venture Acquisition Corp. Class A Common Stock seller in Q2 2023 was Karpus Investment Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2023.