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.
49 hedge funds and large institutions have $162M 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 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 50 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
47% less funds holding
Funds holding: 93 → 49 (-44)
66% less capital invested
Capital invested by funds: $483M → $162M (-$321M)
88% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$6.28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.07M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$344K |
| 4 |
State Street
Boston,
Massachusetts
|
+$311K |
| 5 |
EAM
Exos Asset Management
New York
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$39.9M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$26M |
| 3 |
Millennium Management
New York
|
-$16.3M |
| 4 |
GL
Governors Lane
New York
|
-$15M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$15M |
WPCB.U Hedge Fund Activity: Q2 2021 in Review
49 of the 5,746 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 Q2 2021, worth a combined $162M — down 66% from $483M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of WPCB.U and 6 opened new positions — a net loss of 44 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Glazer Capital LLC, adding an estimated $6.28M. The largest seller was TD Asset Management, exiting entirely with an estimated $39.9M sold.
- 49 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 Q2 2021, down from 93 in Q1 2021.
- Funds reported $162M 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 Q2 2021, down 66% quarter-over-quarter.
- 6 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 Q2 2021 and 50 closed out, a net change of -44 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 Q2 2021 was Glazer Capital LLC, an estimated $6.28M 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 Q2 2021 was TD Asset Management, an estimated $39.9M sold.
Based on aggregated 13F filings for Q2 2021.