Z-Work Acquisition Corp. Units
ZWRKU
ZWRKU was delisted on the 8th of December, 2022.
48 hedge funds and large institutions have $90.8M invested in Z-Work Acquisition Corp. Units in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 32 closing their positions.
33% less funds holding
Funds holding: 72 → 48 (-24)
46% less capital invested
Capital invested by funds: $169M → $90.8M (-$78.5M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
75% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$3.59M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.04M |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$904K |
| 4 |
Jane Street
New York
|
+$672K |
| 5 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$19.9M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$7.06M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$5M |
| 4 |
MCM
Moore Capital Management
New York
|
-$5M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$4.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAC
76
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$200K | -20,000 | Closed |
|
|
DIG
77
DeepCurrents Investment Group
New York
| – | -$100K | -10,000 | Closed |
|
78
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$11.8K | -1,182 | -99% |
|
ZWRKU Hedge Fund Activity: Q2 2021 in Review
48 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Z-Work Acquisition Corp. Units (ZWRKU) for Q2 2021, worth a combined $90.8M — down 46% from $169M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of ZWRKU and 8 opened new positions — a net loss of 24 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $3.59M. The largest seller was P. Schoenfeld Asset Management (PSAM), exiting entirely with an estimated $19.9M sold.
- 48 institutional investors held Z-Work Acquisition Corp. Units (ZWRKU) as of Q2 2021, down from 72 in Q1 2021.
- Funds reported $90.8M of Z-Work Acquisition Corp. Units stock for Q2 2021, down 46% quarter-over-quarter.
- 8 funds opened new Z-Work Acquisition Corp. Units positions in Q2 2021 and 32 closed out, a net change of -24 holders.
- The largest Z-Work Acquisition Corp. Units buyer in Q2 2021 was D.E. Shaw & Co, an estimated $3.59M added.
- The largest Z-Work Acquisition Corp. Units seller in Q2 2021 was P. Schoenfeld Asset Management (PSAM), an estimated $19.9M sold.
Based on aggregated 13F filings for Q2 2021.