Jaws Hurricane Acquisition Corp. Unit
HCNEU
HCNEU was delisted on the 8th of June, 2023.
26 hedge funds and large institutions have $35.7M invested in Jaws Hurricane Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 11 closing their positions.
24% less funds holding
Funds holding: 34 → 26 (-8)
43% less capital invested
Capital invested by funds: $63.1M → $35.7M (-$27.3M)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$848K |
| 2 |
PCM
Prelude Capital Management
New York
|
+$424K |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.5M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$8.4M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$1.85M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$1.57M |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$1.08M |
HCNEU Hedge Fund Activity: Q1 2022 in Review
26 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Jaws Hurricane Acquisition Corp. Unit (HCNEU) for Q1 2022, worth a combined $35.7M — down 43% from $63.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HCNEU and 3 opened new positions — a net loss of 8 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $848K. The largest seller was Millennium Management, cutting an estimated $11.5M.
- 26 institutional investors held Jaws Hurricane Acquisition Corp. Unit (HCNEU) as of Q1 2022, down from 34 in Q4 2021.
- Funds reported $35.7M of Jaws Hurricane Acquisition Corp. Unit stock for Q1 2022, down 43% quarter-over-quarter.
- 3 funds opened new Jaws Hurricane Acquisition Corp. Unit positions in Q1 2022 and 11 closed out, a net change of -8 holders.
- The largest Jaws Hurricane Acquisition Corp. Unit buyer in Q1 2022 was Rivernorth Capital Management, an estimated $848K added.
- The largest Jaws Hurricane Acquisition Corp. Unit seller in Q1 2022 was Millennium Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2022.