TWC Tech Holdings II Corp. Unit
TWCTU
TWCTU was delisted on the 30th of August, 2021.
50 hedge funds and large institutions have $237M invested in TWC Tech Holdings II Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 3 increasing their positions, 23 reducing their positions, and 39 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
34% less funds holding
Funds holding: 76 → 50 (-26)
52% less capital invested
Capital invested by funds: $494M → $237M (-$257M)
67% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 39
87% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$7.87M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$5.79M |
| 3 |
JP Morgan Chase
New York
|
+$1.54M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$860K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$43.8M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$35.4M |
| 3 |
Millennium Management
New York
|
-$34.3M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$30.4M |
| 5 |
SC
Sculptor Capital
New York
|
-$18.2M |
TWCTU Hedge Fund Activity: Q4 2020 in Review
50 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in TWC Tech Holdings II Corp. Unit (TWCTU) for Q4 2020, worth a combined $237M — down 52% from $494M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of TWCTU and 13 opened new positions — a net loss of 26 holders — while 23 trimmed existing stakes and 3 added.
The largest buyer was Glazer Capital LLC, adding an estimated $7.87M. The largest seller was Weiss Asset Management, cutting an estimated $43.8M.
- 50 institutional investors held TWC Tech Holdings II Corp. Unit (TWCTU) as of Q4 2020, down from 76 in Q3 2020.
- Funds reported $237M of TWC Tech Holdings II Corp. Unit stock for Q4 2020, down 52% quarter-over-quarter.
- 13 funds opened new TWC Tech Holdings II Corp. Unit positions in Q4 2020 and 39 closed out, a net change of -26 holders.
- The largest TWC Tech Holdings II Corp. Unit buyer in Q4 2020 was Glazer Capital LLC, an estimated $7.87M added.
- The largest TWC Tech Holdings II Corp. Unit seller in Q4 2020 was Weiss Asset Management, an estimated $43.8M sold.
Based on aggregated 13F filings for Q4 2020.