Chenghe Acquisition Co. Class A Ordinary Share
CHEA
CHEA was delisted on the 15th of February, 2024.
28 hedge funds and large institutions have $88.3M invested in Chenghe Acquisition Co. Class A Ordinary Share in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 27 → 28 (+1)
5% more capital invested
Capital invested by funds: $84.3M → $88.3M (+$3.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$4.29M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.23M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.64M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.37M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$2.5M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.51M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.09M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$335K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$272K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAC
26
Cowen and Company
New York
| $195K | +$193K | +17,693 | New |
|
27
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $146K | -$30K | -2,748 | -17% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $275 | +$273 | +25 | New |
|
|
CCA
29
Castle Creek Arbitrage
Avon,
Colorado
| – | -$6.37M | -587,829 | Closed |
|
|
FTCM
30
Fir Tree Capital Management
New York
| – | -$2.5M | -231,279 | Closed |
|
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$272K | -25,000 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$1.24K | -114 | Closed |
|
CHEA Hedge Fund Activity: Q4 2023 in Review
28 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition Co. Class A Ordinary Share (CHEA) for Q4 2023, worth a combined $88.3M — up 4.7% from $84.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CHEA positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Picton Mahoney Asset Management, adding an estimated $4.29M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $2.5M sold.
- 28 institutional investors held Chenghe Acquisition Co. Class A Ordinary Share (CHEA) as of Q4 2023, up from 27 in Q3 2023.
- Funds reported $88.3M of Chenghe Acquisition Co. Class A Ordinary Share stock for Q4 2023, up 4.7% quarter-over-quarter.
- 5 funds opened new Chenghe Acquisition Co. Class A Ordinary Share positions in Q4 2023 and 4 closed out, a net change of +1 holder.
- The largest Chenghe Acquisition Co. Class A Ordinary Share buyer in Q4 2023 was Picton Mahoney Asset Management, an estimated $4.29M added.
- The largest Chenghe Acquisition Co. Class A Ordinary Share seller in Q4 2023 was Fir Tree Capital Management, an estimated $2.5M sold.
Based on aggregated 13F filings for Q4 2023.