TPG Pace Beneficial Finance Corp.
TPGY
TPGY was delisted on the 7th of October, 2022.
60 hedge funds and large institutions have $206M invested in TPG Pace Beneficial Finance Corp. in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 16 closing their positions.
9% less funds holding
Funds holding: 66 → 60 (-6)
15% less call options, than puts
Call options by funds: $10M | Put options by funds: $11.8M
18% less capital invested
Capital invested by funds: $251M → $206M (-$44.7M)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Covalis Capital
London,
United Kingdom
|
+$7.48M |
| 2 |
MCM
Moore Capital Management
New York
|
+$5.13M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$4.97M |
| 4 |
Millennium Management
New York
|
+$2.18M |
| 5 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$7.94M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.86M |
| 3 |
CG
Covalis (Gibraltar)
Midtown,
Gibraltar
|
-$3.61M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$2.86M |
| 5 |
SAM
Sycomore Asset Management
Paris,
France
|
-$2.28M |
TPGY Hedge Fund Activity: Q3 2021 in Review
60 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in TPG Pace Beneficial Finance Corp. (TPGY) for Q3 2021, worth a combined $206M — down 18% from $251M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TPGY and 11 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Covalis Capital, opening a new position worth an estimated $7.48M. The largest seller was TimesSquare Capital Management, cutting an estimated $7.94M.
- 60 institutional investors held TPG Pace Beneficial Finance Corp. (TPGY) as of Q3 2021, down from 66 in Q2 2021.
- Funds reported $206M of TPG Pace Beneficial Finance Corp. stock for Q3 2021, down 18% quarter-over-quarter.
- 11 funds opened new TPG Pace Beneficial Finance Corp. positions in Q3 2021 and 16 closed out, a net change of -5 holders.
- The largest TPG Pace Beneficial Finance Corp. buyer in Q3 2021 was Covalis Capital, an estimated $7.48M added.
- The largest TPG Pace Beneficial Finance Corp. seller in Q3 2021 was TimesSquare Capital Management, an estimated $7.94M sold.
Based on aggregated 13F filings for Q3 2021.