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.
34 hedge funds and large institutions have $117M 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 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 17 closing their positions.
31% less funds holding
Funds holding: 49 → 34 (-15)
42% less capital invested
Capital invested by funds: $202M → $117M (-$85.2M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$1.45M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.4M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$300K |
| 4 |
PCM
Prelude Capital Management
New York
|
+$145K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$16M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$15.1M |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$12.6M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$7.51M |
| 5 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$7.44M |
WPCB.U Hedge Fund Activity: Q3 2021 in Review
34 of the 5,728 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 Q3 2021, worth a combined $117M — down 42% from $202M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of WPCB.U and 2 opened new positions — a net loss of 15 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Citigroup, adding an estimated $1.45M. The largest seller was Millennium Management, cutting an estimated $16M.
- 34 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 Q3 2021, down from 49 in Q2 2021.
- Funds reported $117M 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 Q3 2021, down 42% 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 Q3 2021 and 17 closed out, a net change of -15 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 Q3 2021 was Citigroup, an estimated $1.45M 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 Q3 2021 was Millennium Management, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2021.