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 1 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
17% less capital invested
Capital invested by funds: $13.7M → $11.4M (-$2.31M)
25% less funds holding
Funds holding: 12 → 9 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$95.8K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$2.22K |
| 3 |
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 |
CHEAU Hedge Fund Activity: Q1 2023 in Review
9 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition Co. Unit (CHEAU) for Q1 2023, worth a combined $11.4M — down 17% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CHEAU and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Clear Street, adding an estimated $95.8K. 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 12 in Q4 2022.
- Funds reported $11.4M of Chenghe Acquisition Co. Unit stock for Q1 2023, down 17% quarter-over-quarter.
- 1 fund opened new Chenghe Acquisition Co. Unit positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest Chenghe Acquisition Co. Unit buyer in Q1 2023 was Clear Street, an estimated $95.8K 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.