Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant
WPCB.U
WPCB.U was delisted on the 8th of March, 2023.
26 hedge funds and large institutions have $54.5M invested in Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 9 closing their positions.
21% less funds holding
Funds holding: 33 → 26 (-7)
44% less capital invested
Capital invested by funds: $97.3M → $54.5M (-$42.7M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
+$396K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$54.6K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$18.4K |
| 4 |
CS
Clear Street
New York
|
+$3.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$18.4M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$6.73M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$4.58M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$4.29M |
| 5 |
Citigroup
New York
|
-$2.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRF
26
Silver Rock Financial
Los Angeles,
California
| – | -$6.73M | -679,350 | Closed |
|
|
SRCM
27
Sage Rock Capital Management
New York
| – | -$4.29M | -430,841 | Closed |
|
|
28
Citigroup
New York
| – | -$2.44M | -245,000 | Closed |
|
|
CF
29
Cantor Fitzgerald
New York
| – | -$2.07M | -207,858 | Closed |
|
|
HP
30
Hound Partners
New York
| – | -$1.81M | -181,574 | Closed |
|
|
COPPSERS
31
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$498K | -50,000 | Closed |
|
|
CIM
32
Cowen Investment Management
New York
| – | -$498K | -50,000 | Closed |
|
|
PCM
33
Prelude Capital Management
New York
| – | -$132K | -13,233 | Closed |
|
WPCB.U Hedge Fund Activity: Q1 2022 in Review
26 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (WPCB.U) for Q1 2022, worth a combined $54.5M — down 44% from $97.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of WPCB.U and 2 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was BBR Partners, opening a new position worth an estimated $396K. The largest seller was Aristeia Capital, exiting entirely with an estimated $18.4M sold.
- 26 institutional investors held Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (WPCB.U) as of Q1 2022, down from 33 in Q4 2021.
- Funds reported $54.5M of Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q1 2022, down 44% quarter-over-quarter.
- 2 funds opened new Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant positions in Q1 2022 and 9 closed out, a net change of -7 holders.
- The largest Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant buyer in Q1 2022 was BBR Partners, an estimated $396K added.
- The largest Warburg Pincus Capital Corporation I-B Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant seller in Q1 2022 was Aristeia Capital, an estimated $18.4M sold.
Based on aggregated 13F filings for Q1 2022.