Velocity Acquisition Corp. Class A Common Stock
VELO
VELO was delisted on the 20th of December, 2022.
91 hedge funds and large institutions have $201M invested in Velocity Acquisition Corp. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 14 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
3% less capital invested
Capital invested by funds: $207M → $201M (-$6.13M)
2% less funds holding
Funds holding: 93 → 91 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5.15M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$4.68M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$3.92M |
| 4 |
SCM
Saba Capital Management
New York
|
+$3.59M |
| 5 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$9.85M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.5M |
| 3 |
SC
Sessa Capital
New York
|
-$3.91M |
| 4 |
SGM
Seven Grand Managers
Bronxville,
New York
|
-$3.42M |
| 5 |
JP Morgan Chase
New York
|
-$2.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Jane Street
New York
| – | -$108K | -11,105 | Closed |
|
|
ICMH
102
Integrity Capital Management (HK)
Central,
Hong Kong
| – | -$49K | -5,000 | Closed |
|
|
KCM
103
Kawa Capital Management
Hallandale Beach,
Florida
| – | -$10K | -1,002 | Closed |
|
|
EWM
104
Evermay Wealth Management
Arlington,
Virginia
| – | -$2K | -200 | Closed |
|
|
SPIA
105
Steward Partners Investment Advisory
New York
| – | -$1K | -60 | Closed |
|
VELO Hedge Fund Activity: Q2 2022 in Review
91 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Velocity Acquisition Corp. Class A Common Stock (VELO) for Q2 2022, worth a combined $201M — down 3% from $207M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of VELO and 12 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $5.15M. The largest seller was Altshuler Shaham, exiting entirely with an estimated $9.85M sold.
- 91 institutional investors held Velocity Acquisition Corp. Class A Common Stock (VELO) as of Q2 2022, down from 93 in Q1 2022.
- Funds reported $201M of Velocity Acquisition Corp. Class A Common Stock stock for Q2 2022, down 3% quarter-over-quarter.
- 12 funds opened new Velocity Acquisition Corp. Class A Common Stock positions in Q2 2022 and 14 closed out, a net change of -2 holders.
- The largest Velocity Acquisition Corp. Class A Common Stock buyer in Q2 2022 was UBS O'Connor, an estimated $5.15M added.
- The largest Velocity Acquisition Corp. Class A Common Stock seller in Q2 2022 was Altshuler Shaham, an estimated $9.85M sold.
Based on aggregated 13F filings for Q2 2022.