Chenghe Acquisition Co. Class A Ordinary Share
CHEA
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.
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
27% less capital invested
Capital invested by funds: $116M → $84.3M (-$31.5M)
36% less funds holding
Funds holding: 42 → 27 (-15)
71% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.77M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$2.87M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.16M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
+$2.16M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.63M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.28M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$5.04M |
| 4 |
Two Sigma Investments
New York
|
-$3.57M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$3.23M |
CHEA Hedge Fund Activity: Q3 2023 in Review
27 of the 6,310 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 27% from $116M 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 27% 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.