Altitude Acquisition Corp
ALTU
ALTU was delisted on the 13th of March, 2024.
23 hedge funds and large institutions have $29.8M invested in Altitude Acquisition Corp in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
5% more funds holding
Funds holding: 22 → 23 (+1)
26% less capital invested
Capital invested by funds: $40.3M → $29.8M (-$10.5M)
38% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $2.01M
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$2.49M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.04M |
| 3 |
CAC
Cowen and Company
New York
|
+$1.99M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.68M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$15.9M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$2.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
| 4 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
-$738K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$281K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$11K | -1,082 | Closed |
|
|
FIA
27
FNY Investment Advisers
New York
| – | -$9K | -1,000 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$6K | -574 | Closed |
|
29
Simplex Trading
Chicago,
Illinois
| – | +$10 | +1 | New |
|
|
MTCM
30
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | +$70 | +7 | New |
|
ALTU Hedge Fund Activity: Q3 2022 in Review
23 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Altitude Acquisition Corp (ALTU) for Q3 2022, worth a combined $29.8M — down 26% from $40.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ALTU positions and 8 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $2.49M. The largest seller was HGC Investment Management, exiting entirely with an estimated $15.9M sold.
- 23 institutional investors held Altitude Acquisition Corp (ALTU) as of Q3 2022, up from 22 in Q2 2022.
- Funds reported $29.8M of Altitude Acquisition Corp stock for Q3 2022, down 26% quarter-over-quarter.
- 9 funds opened new Altitude Acquisition Corp positions in Q3 2022 and 8 closed out, a net change of +1 holder.
- The largest Altitude Acquisition Corp buyer in Q3 2022 was Nomura Holdings, an estimated $2.49M added.
- The largest Altitude Acquisition Corp seller in Q3 2022 was HGC Investment Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2022.