two
TWOA
TWOA was delisted on the 27th of March, 2024.
21 hedge funds and large institutions have $52.5M invested in two in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 29 closing their positions.
52% less funds holding
Funds holding: 44 → 21 (-23)
69% less capital invested
Capital invested by funds: $170M → $52.5M (-$117M)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
79% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.52M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.01M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1.98M |
| 4 |
CAC
Cowen and Company
New York
|
+$1.74M |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$20.5M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$20.1M |
| 3 |
CCM
Cadian Capital Management
New York
|
-$10.3M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$8.27M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$7.69M |
TWOA Hedge Fund Activity: Q2 2023 in Review
21 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in two (TWOA) for Q2 2023, worth a combined $52.5M — down 69% from $170M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TWOA and 6 opened new positions — a net loss of 23 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $2.52M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $20.5M sold.
- 21 institutional investors held two (TWOA) as of Q2 2023, down from 44 in Q1 2023.
- Funds reported $52.5M of two stock for Q2 2023, down 69% quarter-over-quarter.
- 6 funds opened new two positions in Q2 2023 and 29 closed out, a net change of -23 holders.
- The largest two buyer in Q2 2023 was Mangrove Partners, an estimated $2.52M added.
- The largest two seller in Q2 2023 was Glazer Capital LLC, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2023.