CHP Merger Corp. Unit
CHPMU
CHPMU was delisted on the 21st of April, 2022.
22 hedge funds and large institutions have $63.3M invested in CHP Merger Corp. Unit in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 6 closing their positions.
15% less funds holding
Funds holding: 26 → 22 (-4)
29% less capital invested
Capital invested by funds: $89.5M → $63.3M (-$26.2M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$1.23M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$534K |
| 3 |
JP Morgan Chase
New York
|
+$21.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.87K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$53 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$12.9M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.29M |
| 3 |
Blackstone Inc
New York
|
-$1.6M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.07M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
26
Panagora Asset Management
Boston,
Massachusetts
| – | -$65K | -6,393 | Closed |
|
|
GCL
27
Glazer Capital LLC
New York
| – | -$10K | -1,000 | Closed |
|
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$53 | +5 | +14% |
|
CHPMU Hedge Fund Activity: Q3 2020 in Review
22 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in CHP Merger Corp. Unit (CHPMU) for Q3 2020, worth a combined $63.3M — down 29% from $89.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CHPMU and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Mint Tower Capital Management, opening a new position worth an estimated $1.23M. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $12.9M sold.
- 22 institutional investors held CHP Merger Corp. Unit (CHPMU) as of Q3 2020, down from 26 in Q2 2020.
- Funds reported $63.3M of CHP Merger Corp. Unit stock for Q3 2020, down 29% quarter-over-quarter.
- 2 funds opened new CHP Merger Corp. Unit positions in Q3 2020 and 6 closed out, a net change of -4 holders.
- The largest CHP Merger Corp. Unit buyer in Q3 2020 was Mint Tower Capital Management, an estimated $1.23M added.
- The largest CHP Merger Corp. Unit seller in Q3 2020 was Sage Rock Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2020.