Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share
VYGG.U
VYGG.U was delisted on the 5th of October, 2022.
26 hedge funds and large institutions have $73.6M invested in Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 37 closing their positions.
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less capital invested
Capital invested by funds: $169M → $73.6M (-$95.9M)
57% less funds holding
Funds holding: 60 → 26 (-34)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
92% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWP
Old Well Partners
Charlotte,
North Carolina
|
+$1.79M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$1.01M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$307K |
| 4 |
FP
Financial Perspectives
Minneapolis,
Minnesota
|
+$228K |
| 5 |
DIG
DeepCurrents Investment Group
New York
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$13.1M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$11.1M |
| 3 |
Millennium Management
New York
|
-$7.92M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.78M |
| 5 |
Jane Street
New York
|
-$5.38M |
VYGG.U Hedge Fund Activity: Q1 2021 in Review
26 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share (VYGG.U) for Q1 2021, worth a combined $73.6M — down 57% from $169M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of VYGG.U and 3 opened new positions — a net loss of 34 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Old Well Partners, adding an estimated $1.79M. The largest seller was Magnetar Financial, exiting entirely with an estimated $13.1M sold.
- 26 institutional investors held Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share (VYGG.U) as of Q1 2021, down from 60 in Q4 2020.
- Funds reported $73.6M of Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share stock for Q1 2021, down 57% quarter-over-quarter.
- 3 funds opened new Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share positions in Q1 2021 and 37 closed out, a net change of -34 holders.
- The largest Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share buyer in Q1 2021 was Old Well Partners, an estimated $1.79M added.
- The largest Vy Global Growth Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant to acquire one Class A Ordinary Share seller in Q1 2021 was Magnetar Financial, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2021.