CHP Merger Corp. Unit
CHPMU
CHPMU was delisted on the 21st of April, 2022.
15 hedge funds and large institutions have $49.1M invested in CHP Merger Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 6 closing their positions.
11% less capital invested
Capital invested by funds: $54.9M → $49.1M (-$5.78M)
21% less funds holding
Funds holding: 19 → 15 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.15M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$264K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$229 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.27M |
| 2 |
JP Morgan Chase
New York
|
-$1.62M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$895K |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$475K |
| 5 |
DIG
DeepCurrents Investment Group
New York
|
-$461K |
CHPMU Hedge Fund Activity: Q1 2021 in Review
15 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CHP Merger Corp. Unit (CHPMU) for Q1 2021, worth a combined $49.1M — down 11% from $54.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CHPMU and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $2.15M. The largest seller was Periscope Capital, exiting entirely with an estimated $2.27M sold.
- 15 institutional investors held CHP Merger Corp. Unit (CHPMU) as of Q1 2021, down from 19 in Q4 2020.
- Funds reported $49.1M of CHP Merger Corp. Unit stock for Q1 2021, down 11% quarter-over-quarter.
- 2 funds opened new CHP Merger Corp. Unit positions in Q1 2021 and 6 closed out, a net change of -4 holders.
- The largest CHP Merger Corp. Unit buyer in Q1 2021 was Westchester Capital Management (New York), an estimated $2.15M added.
- The largest CHP Merger Corp. Unit seller in Q1 2021 was Periscope Capital, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2021.