CHP Merger Corp. Unit
CHPMU
CHPMU was delisted on the 21st of April, 2022.
26 hedge funds and large institutions have $89.5M invested in CHP Merger Corp. Unit in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 7 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $96.4M → $89.5M (-$6.89M)
19% less funds holding
Funds holding: 32 → 26 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
+$1.46M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$828K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$266K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$50.2K |
| 5 |
JP Morgan Chase
New York
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.9M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.03M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$2.47M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$1.24M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
26
Myriad Asset Management
North Point,
Hong Kong
| – | -$2.47M | -250,000 | Closed |
|
|
MTCM
27
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$1.24M | -125,000 | Closed |
|
|
RCM
28
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$1.09M | -110,000 | Closed |
|
|
WRBC
29
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$390K | -39,400 | Closed |
|
30
Geode Capital Management
Boston,
Massachusetts
| – | -$143K | -15,000 | Closed |
|
|
EIP
31
Easterly Investment Partners
Beverly,
Massachusetts
| – | -$100K | -10,061 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$352 | +35 | New |
|
CHPMU Hedge Fund Activity: Q2 2020 in Review
26 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in CHP Merger Corp. Unit (CHPMU) for Q2 2020, worth a combined $89.5M — down 7.2% from $96.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CHPMU and 1 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Sage Rock Capital Management, adding an estimated $1.46M. The largest seller was Millennium Management, cutting an estimated $3.9M.
- 26 institutional investors held CHP Merger Corp. Unit (CHPMU) as of Q2 2020, down from 32 in Q1 2020.
- Funds reported $89.5M of CHP Merger Corp. Unit stock for Q2 2020, down 7.2% quarter-over-quarter.
- 1 fund opened new CHP Merger Corp. Unit positions in Q2 2020 and 7 closed out, a net change of -6 holders.
- The largest CHP Merger Corp. Unit buyer in Q2 2020 was Sage Rock Capital Management, an estimated $1.46M added.
- The largest CHP Merger Corp. Unit seller in Q2 2020 was Millennium Management, an estimated $3.9M sold.
Based on aggregated 13F filings for Q2 2020.