Canna-Global Acquisition Corp Unit
CNGLU
CNGLU was delisted on the 25th of June, 2024.
13 hedge funds and large institutions have $20.7M invested in Canna-Global Acquisition Corp Unit in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 33 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
71% less funds holding
Funds holding: 45 → 13 (-32)
88% less capital invested
Capital invested by funds: $178M → $20.7M (-$157M)
97% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
+$698K |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$61.8K |
| 3 |
CS
Clear Street
New York
|
+$24.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$20M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$12.8M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$11.1M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.08M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$6.08M |
CNGLU Hedge Fund Activity: Q1 2022 in Review
13 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Canna-Global Acquisition Corp Unit (CNGLU) for Q1 2022, worth a combined $20.7M — down 88% from $178M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CNGLU and 1 opened new positions — a net loss of 32 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was RPO LLC, adding an estimated $698K. The largest seller was Saba Capital Management, exiting entirely with an estimated $20M sold.
- 13 institutional investors held Canna-Global Acquisition Corp Unit (CNGLU) as of Q1 2022, down from 45 in Q4 2021.
- Funds reported $20.7M of Canna-Global Acquisition Corp Unit stock for Q1 2022, down 88% quarter-over-quarter.
- 1 fund opened new Canna-Global Acquisition Corp Unit positions in Q1 2022 and 33 closed out, a net change of -32 holders.
- The largest Canna-Global Acquisition Corp Unit buyer in Q1 2022 was RPO LLC, an estimated $698K added.
- The largest Canna-Global Acquisition Corp Unit seller in Q1 2022 was Saba Capital Management, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2022.