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.
36 hedge funds and large institutions have $73.6M invested in Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 19 reducing their positions, and 38 closing their positions.
47% less funds holding
Funds holding: 68 → 36 (-32)
73% less capital invested
Capital invested by funds: $276M → $73.6M (-$202M)
74% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 19
84% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 38
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
+$6.69M |
| 2 |
VF
Virtu Financial
New York
|
+$2.63M |
| 3 |
Goldman Sachs
New York
|
+$1.69M |
| 4 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$1.12M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$26.9M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$22.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.5M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$17.3M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$17.2M |
CRHC.U Hedge Fund Activity: Q1 2021 in Review
36 of the 5,711 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 Q1 2021, worth a combined $73.6M — down 73% from $276M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CRHC.U and 6 opened new positions — a net loss of 32 holders — while 19 trimmed existing stakes and 5 added.
The largest buyer was Levin Capital Strategies, adding an estimated $6.69M. The largest seller was Third Point, exiting entirely with an estimated $26.9M sold.
- 36 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 Q1 2021, down from 68 in Q4 2020.
- Funds reported $73.6M of Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q1 2021, down 73% quarter-over-quarter.
- 6 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 Q1 2021 and 38 closed out, a net change of -32 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 Q1 2021 was Levin Capital Strategies, an estimated $6.69M 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 Q1 2021 was Third Point, an estimated $26.9M sold.
Based on aggregated 13F filings for Q1 2021.