Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third
CHFW.U
CHFW.U was delisted on the 5th of August, 2021.
24 hedge funds and large institutions have $53.4M invested in Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 21 closing their positions.
37% less capital invested
Capital invested by funds: $84.3M → $53.4M (-$30.9M)
44% less funds holding
Funds holding: 43 → 24 (-19)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
90% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$371K |
| 2 |
VF
Virtu Financial
New York
|
+$127K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.62M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.62M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.62M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$2.46M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$2.14M |
CHFW.U Hedge Fund Activity: Q1 2021 in Review
24 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third (CHFW.U) for Q1 2021, worth a combined $53.4M — down 37% from $84.3M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CHFW.U and 2 opened new positions — a net loss of 19 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Cowen and Company, adding an estimated $371K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $2.62M sold.
- 24 institutional investors held Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third (CHFW.U) as of Q1 2021, down from 43 in Q4 2020.
- Funds reported $53.4M of Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third stock for Q1 2021, down 37% quarter-over-quarter.
- 2 funds opened new Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third positions in Q1 2021 and 21 closed out, a net change of -19 holders.
- The largest Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third buyer in Q1 2021 was Cowen and Company, an estimated $371K added.
- The largest Consonance-HFW Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third seller in Q1 2021 was Polar Asset Management Partners, an estimated $2.62M sold.
Based on aggregated 13F filings for Q1 2021.