Chenghe Acquisition Co. Unit
CHEAU
CHEAU was delisted on the 5th of February, 2024.
15 hedge funds and large institutions have $26.3M invested in Chenghe Acquisition Co. Unit in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 6 reducing their positions, and 18 closing their positions.
55% less funds holding
Funds holding: 33 → 15 (-18)
61% less capital invested
Capital invested by funds: $68.1M → $26.3M (-$41.9M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 18
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.04M |
| 2 |
SCM
Saba Capital Management
New York
|
-$6.03M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.52M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.51M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$3.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SGM
26
Seven Grand Managers
Bronxville,
New York
| – | -$1.1M | -109,445 | Closed |
|
|
WP
27
Woodline Partners
San Francisco,
California
| – | -$1M | -100,000 | Closed |
|
|
TCA
28
Taconic Capital Advisors
New York
| – | -$503K | -50,000 | Closed |
|
|
LA
29
Linden Advisors
New York
| – | -$371K | -36,904 | Closed |
|
|
BFM
30
Boothbay Fund Management
New York
| – | -$339K | -33,724 | Closed |
|
31
D.E. Shaw & Co
New York
| – | -$335K | -33,333 | Closed |
|
|
BCM
32
Basso Capital Management
Stamford,
Connecticut
| – | -$100K | -10,000 | Closed |
|
|
LCM
33
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$60K | -6,000 | Closed |
|
CHEAU Hedge Fund Activity: Q3 2022 in Review
15 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition Co. Unit (CHEAU) for Q3 2022, worth a combined $26.3M — down 61% from $68.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CHEAU and 0 opened new positions — a net loss of 18 holders — while 6 trimmed existing stakes and 0 added.
The largest seller was Adage Capital Partners, exiting entirely with an estimated $9.04M sold.
- 15 institutional investors held Chenghe Acquisition Co. Unit (CHEAU) as of Q3 2022, down from 33 in Q2 2022.
- Funds reported $26.3M of Chenghe Acquisition Co. Unit stock for Q3 2022, down 61% quarter-over-quarter.
- 0 funds opened new Chenghe Acquisition Co. Unit positions in Q3 2022 and 18 closed out, a net change of -18 holders.
- The largest Chenghe Acquisition Co. Unit seller in Q3 2022 was Adage Capital Partners, an estimated $9.04M sold.
Based on aggregated 13F filings for Q3 2022.