TWC Tech Holdings II Corp. Unit
TWCTU
TWCTU was delisted on the 30th of August, 2021.
18 hedge funds and large institutions have $13M invested in TWC Tech Holdings II Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 19 closing their positions.
49% less funds holding
Funds holding: 35 → 18 (-17)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
89% less capital invested
Capital invested by funds: $114M → $13M (-$101M)
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$447K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$430K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$21 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$50.5M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$21.9M |
| 3 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$10.1M |
| 4 |
AMH
Apollo Management Holdings
New York
|
-$4.74M |
| 5 |
GIP
General Industrial Partners
London,
United Kingdom
|
-$3.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTCM
26
First Trust Capital Management
Chicago,
Illinois
| – | -$532K | -52,600 | Closed |
|
27
Goldman Sachs
New York
| – | -$404K | -40,000 | Closed |
|
28
Verition Fund Management
Greenwich,
Connecticut
| – | -$319K | -31,577 | Closed |
|
|
RA
29
Ramius Advisors
New York
| – | -$250K | -24,687 | Closed |
|
|
WC
30
Wealthspring Capital
West Harrison,
New York
| – | -$161K | -15,924 | Closed |
|
31
Walleye Capital
New York
| – | -$125 | -12,364 | Closed |
|
|
SMA
32
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$118K | -11,691 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$89K | -8,738 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$4K | -480 | Closed |
|
|
VFA
35
Valeo Financial Advisors
Carmel,
Indiana
| – | -$3K | -250 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | +$21 | +2 | +100% |
|
TWCTU Hedge Fund Activity: Q2 2021 in Review
18 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in TWC Tech Holdings II Corp. Unit (TWCTU) for Q2 2021, worth a combined $13M — down 89% from $114M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TWCTU and 2 opened new positions — a net loss of 17 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $447K. The largest seller was Light Street Capital Management, exiting entirely with an estimated $50.5M sold.
- 18 institutional investors held TWC Tech Holdings II Corp. Unit (TWCTU) as of Q2 2021, down from 35 in Q1 2021.
- Funds reported $13M of TWC Tech Holdings II Corp. Unit stock for Q2 2021, down 89% quarter-over-quarter.
- 2 funds opened new TWC Tech Holdings II Corp. Unit positions in Q2 2021 and 19 closed out, a net change of -17 holders.
- The largest TWC Tech Holdings II Corp. Unit buyer in Q2 2021 was Wolverine Trading, an estimated $447K added.
- The largest TWC Tech Holdings II Corp. Unit seller in Q2 2021 was Light Street Capital Management, an estimated $50.5M sold.
Based on aggregated 13F filings for Q2 2021.