Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
CRHC.U
CRHC.U was delisted on the 9th of November, 2022.
67 hedge funds and large institutions have $275M invested in Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 8 increasing their positions, 32 reducing their positions, and 41 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
28% less funds holding
Funds holding: 93 → 67 (-26)
57% less capital invested
Capital invested by funds: $636M → $275M (-$361M)
61% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 41
75% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$10.6M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$10.3M |
| 3 |
Goldman Sachs
New York
|
+$6.22M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.42M |
| 5 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$47.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$43.4M |
| 3 |
LA
Linden Advisors
New York
|
-$36.3M |
| 4 |
Blackstone Inc
New York
|
-$24.2M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$21.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIP
101
Easterly Investment Partners
Beverly,
Massachusetts
| – | -$505K | -50,000 | Closed |
|
|
RA
102
Ramius Advisors
New York
| – | -$504K | -50,000 | Closed |
|
|
DCM
103
Dupont Capital Management
Wilmington,
Delaware
| – | -$510K | -49,998 | -100% |
|
104
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$496K | -49,200 | Closed |
|
|
SCM
105
Saba Capital Management
New York
| – | -$364K | -36,036 | Closed |
|
|
NAM
106
Nexpoint Asset Management
Dallas,
Texas
| – | -$202K | -20,000 | Closed |
|
107
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$167K | -16,600 | Closed |
|
|
MSU
108
Mizuho Securities USA
New York
| – | -$126K | -12,467 | Closed |
|
CRHC.U Hedge Fund Activity: Q4 2020 in Review
67 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (CRHC.U) for Q4 2020, worth a combined $275M — down 57% from $636M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of CRHC.U and 16 opened new positions — a net loss of 25 holders — while 32 trimmed existing stakes and 8 added.
The largest buyer was Aristeia Capital, adding an estimated $10.6M. The largest seller was Millennium Management, cutting an estimated $47.7M.
- 67 institutional investors held Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (CRHC.U) as of Q4 2020, down from 93 in Q3 2020.
- Funds reported $275M of Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q4 2020, down 57% quarter-over-quarter.
- 16 funds opened new Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q4 2020 and 41 closed out, a net change of -25 holders.
- The largest Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q4 2020 was Aristeia Capital, an estimated $10.6M added.
- The largest Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q4 2020 was Millennium Management, an estimated $47.7M sold.
Based on aggregated 13F filings for Q4 2020.