Altitude Acquisition Corp
ALTU
ALTU was delisted on the 13th of March, 2024.
22 hedge funds and large institutions have $40.3M invested in Altitude Acquisition Corp in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 63 closing their positions.
52% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $2.84M
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
73% less funds holding
Funds holding: 81 → 22 (-59)
84% less capital invested
Capital invested by funds: $248M → $40.3M (-$207M)
92% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 63
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.07M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.22M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$727K |
| 4 |
DAM
Deltec Asset Management
New York
|
+$250K |
| 5 |
PFM
Privium Fund Management
Amsterdam,
Netherlands
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$20.4M |
| 2 |
LA
Linden Advisors
New York
|
-$14.5M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$10.6M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$10M |
| 5 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$9.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
76
Warberg Asset Management
Winnetka,
Illinois
| – | -$163K | -16,400 | Closed |
|
|
AFM
77
Anson Funds Management
Dallas,
Texas
| – | -$145K | -14,600 | Closed |
|
|
HHGC
78
Hunting Hill Global Capital
New York
| – | -$131K | -13,156 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$127K | -12,800 | Closed |
|
|
PFMU
80
Privium Fund Management (UK)
London,
United Kingdom
| – | -$105K | -10,600 | Closed |
|
81
Bank of America
Charlotte,
North Carolina
| – | -$105K | -10,535 | Closed |
|
|
LC
82
Littlejohn & Co
Greenwich,
Connecticut
| – | -$100K | -10,000 | Closed |
|
|
PCM
83
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| – | -$99K | -7,974 | Closed |
|
|
BBPWM
84
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$2K | -200 | Closed |
|
ALTU Hedge Fund Activity: Q2 2022 in Review
22 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Altitude Acquisition Corp (ALTU) for Q2 2022, worth a combined $40.3M — down 84% from $248M a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of ALTU and 5 opened new positions — a net loss of 58 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Meteora Capital, adding an estimated $3.07M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $20.4M sold.
- 22 institutional investors held Altitude Acquisition Corp (ALTU) as of Q2 2022, down from 81 in Q1 2022.
- Funds reported $40.3M of Altitude Acquisition Corp stock for Q2 2022, down 84% quarter-over-quarter.
- 5 funds opened new Altitude Acquisition Corp positions in Q2 2022 and 63 closed out, a net change of -58 holders.
- The largest Altitude Acquisition Corp buyer in Q2 2022 was Meteora Capital, an estimated $3.07M added.
- The largest Altitude Acquisition Corp seller in Q2 2022 was D.E. Shaw & Co, an estimated $20.4M sold.
Based on aggregated 13F filings for Q2 2022.