Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
CORS.U
CORS.U was delisted on the 15th of June, 2023.
22 hedge funds and large institutions have $95.5M invested in Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 8 closing their positions.
19% less funds holding
Funds holding: 27 → 22 (-5)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
38% less capital invested
Capital invested by funds: $154M → $95.5M (-$58.3M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$2.95M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$1,000K |
| 3 |
HF
HRT Financial
New York
|
+$13.1K |
| 4 |
IP
Interval Partners
New York
|
+$12.4K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9.72K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$24M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.96M |
| 3 |
Millennium Management
New York
|
-$8.14M |
| 4 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$6.47M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$4.86M |
CORS.U Hedge Fund Activity: Q4 2021 in Review
22 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (CORS.U) for Q4 2021, worth a combined $95.5M — down 38% from $154M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CORS.U and 3 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $2.95M. The largest seller was Security Benefit Life Insurance Company, exiting entirely with an estimated $24M sold.
- 22 institutional investors held Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (CORS.U) as of Q4 2021, down from 27 in Q3 2021.
- Funds reported $95.5M of Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q4 2021, down 38% quarter-over-quarter.
- 3 funds opened new Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q4 2021 and 8 closed out, a net change of -5 holders.
- The largest Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q4 2021 was BlueCrest Capital Management, an estimated $2.95M added.
- The largest Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q4 2021 was Security Benefit Life Insurance Company, an estimated $24M sold.
Based on aggregated 13F filings for Q4 2021.