TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
TLGA.U
TLGA.U was delisted on the 31st of July, 2023.
33 hedge funds and large institutions have $64M invested in TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 34 → 33 (-1)
5% less capital invested
Capital invested by funds: $67.6M → $64M (-$3.66M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.38M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$488K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$218K |
| 4 |
VF
Virtu Financial
New York
|
+$117K |
| 5 |
CS
Clear Street
New York
|
+$73.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.95M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.02M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$509K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$497K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| $117K | +$117K | +11,905 | New |
|
|
WMSA
27
Weiss Multi-Strategy Advisers
New York
| $112K | – | – | – |
|
|
CS
28
Clear Street
New York
| $73K | +$73.4K | +7,475 | New |
|
|
CCM
29
Condor Capital Management
Martinsville,
New Jersey
| $71K | – | – | – |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| $71K | +$6.41K | +652 | +10% |
|
|
MF
31
Magnetar Financial
Evanston,
Illinois
| $5.72K | -$1.95M | -198,285 | -25% |
|
|
FTUS
32
Flow Traders U.S.
New York
| – | -$1.02M | -103,951 | Closed |
|
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$304K | -31,000 | Closed |
|
|
OMC
34
Old Mission Capital
Chicago,
Illinois
| – | -$128K | -13,036 | Closed |
|
TLGA.U Hedge Fund Activity: Q2 2022 in Review
33 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (TLGA.U) for Q2 2022, worth a combined $64M — down 5.4% from $67.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TLGA.U and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.
The largest buyer was HGC Investment Management, adding an estimated $5.38M. The largest seller was Magnetar Financial, cutting an estimated $1.95M.
- 33 institutional investors held TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (TLGA.U) as of Q2 2022, down from 34 in Q1 2022.
- Funds reported $64M of TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q2 2022, down 5.4% quarter-over-quarter.
- 3 funds opened new TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q2 2022 and 4 closed out, a net change of -1 holder.
- The largest TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q2 2022 was HGC Investment Management, an estimated $5.38M added.
- The largest TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q2 2022 was Magnetar Financial, an estimated $1.95M sold.
Based on aggregated 13F filings for Q2 2022.