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.
21 hedge funds and large institutions have $67.4M invested in Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 3 closing their positions.
5% less funds holding
Funds holding: 22 → 21 (-1)
29% less capital invested
Capital invested by funds: $95.5M → $67.4M (-$28.1M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.91M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.53M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$12.9M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$9.89M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.49M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.42M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$691K |
CORS.U Hedge Fund Activity: Q1 2022 in Review
21 of the 6,341 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 Q1 2022, worth a combined $67.4M — down 29% from $95.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CORS.U and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 1 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $1.91M. The largest seller was Aristeia Capital, exiting entirely with an estimated $12.9M sold.
- 21 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 Q1 2022, down from 22 in Q4 2021.
- Funds reported $67.4M of Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q1 2022, down 29% quarter-over-quarter.
- 2 funds opened new Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q1 2022 and 3 closed out, a net change of -1 holder.
- The largest Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q1 2022 was JP Morgan Chase, an estimated $1.91M added.
- The largest Corsair Partnering Corporation Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q1 2022 was Aristeia Capital, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2022.