CHP Merger Corp. Unit
CHPMU
CHPMU was delisted on the 21st of April, 2022.
32 hedge funds and large institutions have $96.4M invested in CHP Merger Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 24 closing their positions.
40% less funds holding
Funds holding: 53 → 32 (-21)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
67% less capital invested
Capital invested by funds: $295M → $96.4M (-$198M)
79% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.54M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$1.13M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.03M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$316K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$24.9M |
| 2 |
LA
Linden Advisors
New York
|
-$21M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$20.1M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$14.6M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$14.2M |
CHPMU Hedge Fund Activity: Q1 2020 in Review
32 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CHP Merger Corp. Unit (CHPMU) for Q1 2020, worth a combined $96.4M — down 67% from $295M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CHPMU and 5 opened new positions — a net loss of 19 holders — while 15 trimmed existing stakes and 6 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $1.54M. The largest seller was UBS O'Connor, exiting entirely with an estimated $24.9M sold.
- 32 institutional investors held CHP Merger Corp. Unit (CHPMU) as of Q1 2020, down from 53 in Q4 2019.
- Funds reported $96.4M of CHP Merger Corp. Unit stock for Q1 2020, down 67% quarter-over-quarter.
- 5 funds opened new CHP Merger Corp. Unit positions in Q1 2020 and 24 closed out, a net change of -19 holders.
- The largest CHP Merger Corp. Unit buyer in Q1 2020 was JP Morgan Chase, an estimated $1.54M added.
- The largest CHP Merger Corp. Unit seller in Q1 2020 was UBS O'Connor, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2020.