Chenghe Acquisition Co. Unit
CHEAU
CHEAU was delisted on the 5th of February, 2024.
9 hedge funds and large institutions have $11.4M invested in Chenghe Acquisition Co. Unit in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
26% more capital invested
Capital invested by funds: $9M → $11.4M (+$2.37M)
18% less funds holding
Funds holding: 11 → 9 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.75M |
| 2 |
CS
Clear Street
New York
|
+$95.8K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$2.22K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.03M |
| 2 |
Millennium Management
New York
|
-$1.03M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$541K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$57.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AMH
1
Apollo Management Holdings
New York
| $5.26M | – | – | – |
|
|
UOC
2
UBS O'Connor
Chicago,
Illinois
| $4.78M | +$4.75M | +455,115 | New |
|
3
Walleye Capital
New York
| $673K | – | – | – |
|
4
Walleye Trading
New York
| $378K | – | – | – |
|
|
CSS
5
Cubist Systematic Strategies
Stamford,
Connecticut
| $150K | -$57.4K | -5,500 | -28% |
|
|
CS
6
Clear Street
New York
| $101K | +$95.8K | +9,175 | +1,986% |
|
7
Morgan Stanley
New York
| $21K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $4K | +$2.09K | +200 | +100% |
|
|
GCL
9
Glazer Capital LLC
New York
| $2K | +$2.22K | +213 | New |
|
|
CCA
10
Castle Creek Arbitrage
Avon,
Colorado
| – | -$1.03M | -100,000 | Closed |
|
|
11
Millennium Management
New York
| – | -$1.03M | -100,000 | Closed |
|
|
SSA
12
Schonfeld Strategic Advisors
New York
| – | -$541K | -50,000 | Closed |
|
|
13
UBS Group
Zurich,
Switzerland
| – | -$2.15K | -209 | Closed |
|
CHEAU Hedge Fund Activity: Q1 2023 in Review
9 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition Co. Unit (CHEAU) for Q1 2023, worth a combined $11.4M — up 26% from $9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CHEAU and 2 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $4.75M. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $1.03M sold.
- 9 institutional investors held Chenghe Acquisition Co. Unit (CHEAU) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $11.4M of Chenghe Acquisition Co. Unit stock for Q1 2023, up 26% quarter-over-quarter.
- 2 funds opened new Chenghe Acquisition Co. Unit positions in Q1 2023 and 4 closed out, a net change of -2 holders.
- The largest Chenghe Acquisition Co. Unit buyer in Q1 2023 was UBS O'Connor, an estimated $4.75M added.
- The largest Chenghe Acquisition Co. Unit seller in Q1 2023 was Castle Creek Arbitrage, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2023.