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.
51 hedge funds and large institutions have $121M 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 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 21 closing their positions.
27% less funds holding
Funds holding: 70 → 51 (-19)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
44% less capital invested
Capital invested by funds: $215M → $121M (-$93.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
86% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$14.9M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$3.98M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.49M |
| 4 |
Janus Henderson Group
London,
|
+$337K |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$25.7M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$11.1M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.94M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$6.94M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$6.62M |
TLGA.U Hedge Fund Activity: Q2 2021 in Review
51 of the 5,767 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 2021, worth a combined $121M — down 44% from $215M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TLGA.U and 3 opened new positions — a net loss of 18 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was First Pacific Advisors, opening a new position worth an estimated $14.9M. The largest seller was Glazer Capital LLC, cutting an estimated $25.7M.
- 51 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 2021, down from 70 in Q1 2021.
- Funds reported $121M 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 2021, down 44% 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 2021 and 21 closed out, a net change of -18 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 Q2 2021 was First Pacific Advisors, an estimated $14.9M 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 2021 was Glazer Capital LLC, an estimated $25.7M sold.
Based on aggregated 13F filings for Q2 2021.