TPG Pace Beneficial Finance Corp.
TPGY
TPGY was delisted on the 7th of October, 2022.
68 hedge funds and large institutions have $424M invested in TPG Pace Beneficial Finance Corp. in 2021 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 32 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 9
35% more call options, than puts
Call options by funds: $68.5M | Put options by funds: $50.9M
5% more funds holding
Funds holding: 65 → 68 (+3)
9% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 32
9.26% less ownership
Funds ownership: 71.39% → 62.13% (-9.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
34% less capital invested
Capital invested by funds: $644M → $424M (-$220M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$116M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$28.8M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$21.2M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$20M |
| 5 |
HLAM
Hidden Lake Asset Management
New York
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
-$53.7M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
-$47.9M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$42.7M |
| 4 |
ECP
Electron Capital Partners
New York
|
-$41.9M |
| 5 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$23.4M |
TPGY Hedge Fund Activity: Q1 2021 in Review
68 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in TPG Pace Beneficial Finance Corp. (TPGY) for Q1 2021, worth a combined $424M — down 34% from $644M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TPGY positions and 32 closed out — a net gain of 3 holders — while 21 added to existing stakes and 9 trimmed.
The largest buyer was Tybourne Capital Management, opening a new position worth an estimated $116M. The largest seller was Suvretta Capital Management, exiting entirely with an estimated $53.7M sold.
- 68 institutional investors held TPG Pace Beneficial Finance Corp. (TPGY) as of Q1 2021, up from 65 in Q4 2020.
- Funds reported $424M of TPG Pace Beneficial Finance Corp. stock for Q1 2021, down 34% quarter-over-quarter.
- 35 funds opened new TPG Pace Beneficial Finance Corp. positions in Q1 2021 and 32 closed out, a net change of +3 holders.
- The largest TPG Pace Beneficial Finance Corp. buyer in Q1 2021 was Tybourne Capital Management, an estimated $116M added.
- The largest TPG Pace Beneficial Finance Corp. seller in Q1 2021 was Suvretta Capital Management, an estimated $53.7M sold.
Based on aggregated 13F filings for Q1 2021.