Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
CHEB.U
CHEB.U was delisted on the 7th of August, 2025.
12 hedge funds and large institutions have $15.1M invested in Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 3 reducing their positions, and 25 closing their positions.
68% less funds holding
Funds holding: 37 → 12 (-25)
69.62% less ownership
Funds ownership: 86.18% → 16.56% (-70%)
80% less capital invested
Capital invested by funds: $77.1M → $15.1M (-$62M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$5.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
-$5.46M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$5M |
| 3 |
CS
Clear Street
New York
|
-$4.5M |
| 4 |
CAC
Cowen and Company
New York
|
-$4.01M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Two Sigma Investments
New York
| – | -$1.88M | -187,500 | Closed |
|
|
GCL
27
Glazer Capital LLC
New York
| – | -$1.8M | -180,156 | Closed |
|
28
D.E. Shaw & Co
New York
| – | -$1.75M | -175,000 | Closed |
|
29
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.75M | -175,000 | Closed |
|
|
MCM
30
Moore Capital Management
New York
| – | -$1M | -100,000 | Closed |
|
|
RCMF
31
RK Capital Management (Florida)
Weston,
Florida
| – | -$1M | -100,000 | Closed |
|
|
MC
32
Meteora Capital
Boca Raton,
Florida
| – | -$1,000K | -99,900 | Closed |
|
|
ASM
33
ATW SPAC Management
New York
| – | -$796K | -79,485 | Closed |
|
|
BFM
34
Boothbay Fund Management
New York
| – | -$796K | -79,485 | Closed |
|
|
WC
35
Wealthspring Capital
West Harrison,
New York
| – | -$642K | -64,101 | Closed |
|
|
FTCM
36
Fir Tree Capital Management
New York
| – | -$600K | -59,896 | Closed |
|
|
MP
37
Mangrove Partners
Greenwich,
Connecticut
| – | -$501K | -50,000 | Closed |
|
CHEB.U Hedge Fund Activity: Q3 2024 in Review
12 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (CHEB.U) for Q3 2024, worth a combined $15.1M — down 80% from $77.1M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CHEB.U and 1 opened new positions — a net loss of 24 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $5.46K. The largest seller was Centiva Capital, exiting entirely with an estimated $5.46M sold.
- 12 institutional investors held Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (CHEB.U) as of Q3 2024, down from 37 in Q2 2024.
- Funds reported $15.1M of Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q3 2024, down 80% quarter-over-quarter.
- 1 fund opened new Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q3 2024 and 25 closed out, a net change of -24 holders.
- The largest Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q3 2024 was UBS Group, an estimated $5.46K added.
- The largest Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q3 2024 was Centiva Capital, an estimated $5.46M sold.
Based on aggregated 13F filings for Q3 2024.