TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
TSPQ.U
TSPQ.U was delisted on the 15th of December, 2022.
21 hedge funds and large institutions have $28.7M invested in TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 11 closing their positions.
24% less capital invested
Capital invested by funds: $37.7M → $28.7M (-$8.95M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
34% less funds holding
Funds holding: 32 → 21 (-11)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$786K |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$197K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$4.92M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$1.97M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$1.47M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$580K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$398K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IPCP
26
Iron Park Capital Partners
New York
| – | -$343K | -35,100 | Closed |
|
|
CSS
27
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$333K | -33,802 | Closed |
|
|
GT
28
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$18K | -1,904 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$6K | -600 | Closed |
|
TSPQ.U Hedge Fund Activity: Q3 2022 in Review
21 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (TSPQ.U) for Q3 2022, worth a combined $28.7M — down 24% from $37.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TSPQ.U and 0 opened new positions — a net loss of 11 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Longfellow Investment Management, adding an estimated $786K. The largest seller was HSBC Holdings, exiting entirely with an estimated $4.92M sold.
- 21 institutional investors held TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (TSPQ.U) as of Q3 2022, down from 32 in Q2 2022.
- Funds reported $28.7M of TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q3 2022, down 24% quarter-over-quarter.
- 0 funds opened new TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q3 2022 and 11 closed out, a net change of -11 holders.
- The largest TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q3 2022 was Longfellow Investment Management, an estimated $786K added.
- The largest TCW Special Purpose Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q3 2022 was HSBC Holdings, an estimated $4.92M sold.
Based on aggregated 13F filings for Q3 2022.