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.
5 hedge funds and large institutions have $3.57M invested in Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2024 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 7 closing their positions.
12.83% less ownership
Funds ownership: 16.56% → 3.74% (-13%)
58% less funds holding
Funds holding: 12 → 5 (-7)
76% less capital invested
Capital invested by funds: $15.1M → $3.57M (-$11.5M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
-$4.49M |
| 2 |
Walleye Trading
New York
|
-$2.53M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.01M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.11M |
| 5 |
KC
Kepos Capital
New York
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
1
W.R. Berkley Corp
Greenwich,
Connecticut
| $1.51M | – | – | – |
|
|
MF
2
Magnetar Financial
Evanston,
Illinois
| $1.19M | – | – | – |
|
|
AC
3
Athos Capital
Hong Kong
| $758K | – | – | – |
|
|
CS
4
Clear Street
New York
| $104K | +$102K | +10,072 | +5,036% |
|
5
UBS Group
Zurich,
Switzerland
| $5.53K | – | – | – |
|
|
6
Walleye Capital
New York
| – | -$4.49M | -448,000 | Closed |
|
|
7
Walleye Trading
New York
| – | -$2.53M | -252,000 | Closed |
|
|
PC
8
Periscope Capital
Toronto,
Ontario, Canada
| – | -$2.01M | -200,000 | Closed |
|
|
BI
9
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.11M | -110,015 | Closed |
|
|
KC
10
Kepos Capital
New York
| – | -$1.05M | -100,000 | Closed |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| – | -$401K | -40,000 | Closed |
|
|
SFM
12
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$70.3K | -6,666 | Closed |
|
CHEB.U Hedge Fund Activity: Q4 2024 in Review
5 of the 7,592 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 Q4 2024, worth a combined $3.57M — down 76% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CHEB.U and 0 opened new positions — a net loss of 7 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $102K. The largest seller was Walleye Capital, exiting entirely with an estimated $4.49M sold.
- 5 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 Q4 2024, down from 12 in Q3 2024.
- Funds reported $3.57M of Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q4 2024, down 76% quarter-over-quarter.
- 0 funds opened new Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q4 2024 and 7 closed out, a net change of -7 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 Q4 2024 was Clear Street, an estimated $102K 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 Q4 2024 was Walleye Capital, an estimated $4.49M sold.
Based on aggregated 13F filings for Q4 2024.