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.
7 hedge funds and large institutions have $807K 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 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 23 closing their positions.
74% less funds holding
Funds holding: 27 → 7 (-20)
87% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 23
98% less capital invested
Capital invested by funds: $46.1M → $807K (-$45.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$414K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$270K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$14.8M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$8.22M |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$7.01M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$5.4M |
| 5 |
MAM
Melqart Asset Management
London,
United Kingdom
|
-$1.48M |
TLGA.U Hedge Fund Activity: Q4 2022 in Review
7 of the 6,222 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 Q4 2022, worth a combined $807K — down 98% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TLGA.U and 3 opened new positions — a net loss of 20 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $414K. The largest seller was First Pacific Advisors, exiting entirely with an estimated $14.8M sold.
- 7 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 Q4 2022, down from 27 in Q3 2022.
- Funds reported $807K 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 Q4 2022, down 98% 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 Q4 2022 and 23 closed out, a net change of -20 holders.
- 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 Q4 2022 was Spartan Fund Management, an estimated $414K 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 Q4 2022 was First Pacific Advisors, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2022.