HCM III Acquisition Corp Units

HCMAU

Market cap $231M

HCMAU Hedge Fund Activity: Q1 2026 in Review

14 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in HCM III Acquisition Corp Units (HCMAU) for Q1 2026, worth a combined $13.8M — down 28% from $19M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HCMAU and 1 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 3 added.

The largest buyer was Toronto Dominion Bank, adding an estimated $815K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.06M sold.

• 14 institutional investors held HCM III Acquisition Corp Units (HCMAU) as of Q1 2026, down from 18 in Q4 2025.
• Funds reported $13.8M of HCM III Acquisition Corp Units stock for Q1 2026, down 28% quarter-over-quarter.
• 1 fund opened new HCM III Acquisition Corp Units positions in Q1 2026 and 5 closed out, a net change of -4 holders.
• The largest HCM III Acquisition Corp Units buyer in Q1 2026 was Toronto Dominion Bank, an estimated $815K added.
• The largest HCM III Acquisition Corp Units seller in Q1 2026 was Rivernorth Capital Management, an estimated $2.06M sold.

Based on aggregated 13F filings for Q1 2026.