Chenghe Acquisition Co. Class A Ordinary Share
CHEA
CHEA was delisted on the 15th of February, 2024.
42 hedge funds and large institutions have $116M invested in Chenghe Acquisition Co. Class A Ordinary Share in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
12% more capital invested
Capital invested by funds: $104M → $116M (+$12.1M)
2% more funds holding
Funds holding: 41 → 42 (+1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$5.89M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.74M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.72M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.01M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.96M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.84M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.96M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
-$2.65M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$2.65M |
CHEA Hedge Fund Activity: Q2 2023 in Review
42 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition Co. Class A Ordinary Share (CHEA) for Q2 2023, worth a combined $116M — up 12% from $104M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CHEA positions and 8 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was First Trust Capital Management, adding an estimated $5.89M. The largest seller was Bank of Montreal, cutting an estimated $3.96M.
- 42 institutional investors held Chenghe Acquisition Co. Class A Ordinary Share (CHEA) as of Q2 2023, up from 41 in Q1 2023.
- Funds reported $116M of Chenghe Acquisition Co. Class A Ordinary Share stock for Q2 2023, up 12% quarter-over-quarter.
- 9 funds opened new Chenghe Acquisition Co. Class A Ordinary Share positions in Q2 2023 and 8 closed out, a net change of +1 holder.
- The largest Chenghe Acquisition Co. Class A Ordinary Share buyer in Q2 2023 was First Trust Capital Management, an estimated $5.89M added.
- The largest Chenghe Acquisition Co. Class A Ordinary Share seller in Q2 2023 was Bank of Montreal, an estimated $3.96M sold.
Based on aggregated 13F filings for Q2 2023.