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CHEA

Chenghe Acquisition Co. Class A Ordinary Share

Delisted

CHEA was delisted on the 15th of February, 2024.

27 hedge funds and large institutions have $84.3M invested in Chenghe Acquisition Co. Class A Ordinary Share in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 8

25% less capital invested

Capital invested by funds: $113M → $84.3M (-$28.8M)

36% less funds holding

Funds holding: 4227 (-15)

71% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 21

Holders
27
Holders Change
-15
Holders Change %
-35.71%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
6
Reduced
8
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FTCM
1
First Trust Capital Management
Illinois
$7.87M -$3.23M -300,000 -29%
Calamos Advisors
2
Calamos Advisors
Illinois
$7.58M
CCA
3
Castle Creek Arbitrage
Colorado
$6.37M
PMAM
4
Picton Mahoney Asset Management
Ontario, Canada
$4.89M
UOC
5
UBS O'Connor
Illinois
$4.82M
GCL
6
Glazer Capital LLC
New York
$4.52M -$46.2K -4,290 -1%
WRBC
7
W.R. Berkley Corp
Connecticut
$4.48M +$1.39M +129,295 +45%
WCMNY
8
Westchester Capital Management (New York)
New York
$4.37M +$2.16M +200,758 +99%
MSU
9
Mizuho Securities USA
New York
$4.28M +$2.87M +266,554 +206%
BI
10
Bulldog Investors
New Jersey
$3.79M +$3.77M +349,906 New
KIM
11
Karpus Investment Management
New York
$3.6M -$87K -8,073 -2%
KL
12
KIM LLC
Kansas
$3.58M +$2.16M +200,000 +154%
RCM
13
Radcliffe Capital Management
Pennsylvania
$3.55M -$5.37K -498 -0.2%
SCM
14
Saba Capital Management
New York
$2.9M
PAMP
15
Polar Asset Management Partners
Ontario, Canada
$2.82M -$5.28M -490,000 -65%
AA
16
AQR Arbitrage
Connecticut
$2.8M -$1.08M -100,000 -28%
WAM
17
Wolverine Asset Management
Illinois
$2.54M -$220K -20,395 -8%
FTCM
18
Fir Tree Capital Management
New York
$2.5M +$1.19M +110,778 +92%
Verition Fund Management
19
Verition Fund Management
Connecticut
$2.29M +$733K +68,011 +47%
Hudson Bay Capital Management
20
Hudson Bay Capital Management
Connecticut
$1.62M
LP
21
LMR Partners
United Kingdom
$1.08M
Walleye Capital
22
Walleye Capital
New York
$694K +$690K +64,000 New
SFM
23
Spartan Fund Management
Canada
$540K +$538K +49,900 New
Walleye Trading
24
Walleye Trading
New York
$390K +$388K +36,000 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$272K -$3.2M -296,490 -92%

CHEA Hedge Fund Activity: Q3 2023 in Review

27 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition Co. Class A Ordinary Share (CHEA) for Q3 2023, worth a combined $84.3M — down 25% from $113M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of CHEA and 6 opened new positions — a net loss of 15 holders — while 8 trimmed existing stakes and 6 added.

The largest buyer was Bulldog Investors, opening a new position worth an estimated $3.77M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $9.63M sold.

  • 27 institutional investors held Chenghe Acquisition Co. Class A Ordinary Share (CHEA) as of Q3 2023, down from 42 in Q2 2023.
  • Funds reported $84.3M of Chenghe Acquisition Co. Class A Ordinary Share stock for Q3 2023, down 25% quarter-over-quarter.
  • 6 funds opened new Chenghe Acquisition Co. Class A Ordinary Share positions in Q3 2023 and 21 closed out, a net change of -15 holders.
  • The largest Chenghe Acquisition Co. Class A Ordinary Share buyer in Q3 2023 was Bulldog Investors, an estimated $3.77M added.
  • The largest Chenghe Acquisition Co. Class A Ordinary Share seller in Q3 2023 was Adage Capital Partners, an estimated $9.63M sold.

Based on aggregated 13F filings for Q3 2023.