TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant
TPGY.U
TPGY.U was delisted on the 7th of October, 2022.
6 hedge funds and large institutions have $27.1M invested in TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 15 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
67% less capital invested
Capital invested by funds: $82.9M → $27.1M (-$55.8M)
68% less funds holding
Funds holding: 19 → 6 (-13)
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
+$28.9M |
| 2 |
YCM
Yaupon Capital Management
New York
|
+$106K |
| 3 |
MC
Maplelane Capital
New York
|
+$25 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$27.2M |
| 2 |
SIG
Senator Investment Group
New York
|
-$18.4M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$6.8M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.44M |
| 5 |
VF
Virtu Financial
New York
|
-$4.85M |
TPGY.U Hedge Fund Activity: Q1 2021 in Review
6 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant (TPGY.U) for Q1 2021, worth a combined $27.1M — down 67% from $82.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TPGY.U and 2 opened new positions — a net loss of 13 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $28.9M. The largest seller was Public Sector Pension Investment Board (PSP Investments), exiting entirely with an estimated $27.2M sold.
- 6 institutional investors held TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant (TPGY.U) as of Q1 2021, down from 19 in Q4 2020.
- Funds reported $27.1M of TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant stock for Q1 2021, down 67% quarter-over-quarter.
- 2 funds opened new TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant positions in Q1 2021 and 15 closed out, a net change of -13 holders.
- The largest TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant buyer in Q1 2021 was Moore Capital Management, an estimated $28.9M added.
- The largest TPG Pace Beneficial Finance Corp. Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant seller in Q1 2021 was Public Sector Pension Investment Board (PSP Investments), an estimated $27.2M sold.
Based on aggregated 13F filings for Q1 2021.