Z-Work Acquisition Corp. Units
ZWRKU
ZWRKU was delisted on the 8th of December, 2022.
22 hedge funds and large institutions have $12.7M invested in Z-Work Acquisition Corp. Units in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 9 closing their positions.
24% less funds holding
Funds holding: 29 → 22 (-7)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
64% less capital invested
Capital invested by funds: $35.3M → $12.7M (-$22.6M)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.62M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$505K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$13.5K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$3.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$15.9M |
| 2 |
Millennium Management
New York
|
-$2.98M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.94M |
| 4 |
HP
Hound Partners
New York
|
-$987K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$661K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
BCK Capital Management
Stamford,
Connecticut
| – | -$369K | -37,222 | Closed |
|
27
Walleye Capital
New York
| – | -$268K | -27,033 | Closed |
|
|
AA
28
Ancora Advisors
Cleveland,
Ohio
| – | -$20K | -2,000 | Closed |
|
ZWRKU Hedge Fund Activity: Q1 2022 in Review
22 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Z-Work Acquisition Corp. Units (ZWRKU) for Q1 2022, worth a combined $12.7M — down 64% from $35.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ZWRKU and 2 opened new positions — a net loss of 7 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Longfellow Investment Management, adding an estimated $1.62M. The largest seller was Aristeia Capital, exiting entirely with an estimated $15.9M sold.
- 22 institutional investors held Z-Work Acquisition Corp. Units (ZWRKU) as of Q1 2022, down from 29 in Q4 2021.
- Funds reported $12.7M of Z-Work Acquisition Corp. Units stock for Q1 2022, down 64% quarter-over-quarter.
- 2 funds opened new Z-Work Acquisition Corp. Units positions in Q1 2022 and 9 closed out, a net change of -7 holders.
- The largest Z-Work Acquisition Corp. Units buyer in Q1 2022 was Longfellow Investment Management, an estimated $1.62M added.
- The largest Z-Work Acquisition Corp. Units seller in Q1 2022 was Aristeia Capital, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2022.