HH&L Acquisition Co.
HHLA
HHLA was delisted on the 9th of February, 2024.
75 hedge funds and large institutions have $331M invested in HH&L Acquisition Co. in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 12 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
8% more capital invested
Capital invested by funds: $307M → $331M (+$24.6M)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3% less funds holding
Funds holding: 77 → 75 (-2)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Mizuho Markets Americas
New York
|
+$12.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.41M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$5.51M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$4.57M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$7.85M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$5.98M |
| 3 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$4M |
| 4 |
DACS
Dymon Asia Capital (Singapore)
Singapore
|
-$2.95M |
| 5 |
LA
Linden Advisors
New York
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
76
PEAK6 Investments
Chicago,
Illinois
| – | -$4M | -406,881 | Closed |
|
|
DACS
77
Dymon Asia Capital (Singapore)
Singapore
| – | -$2.95M | -300,000 | Closed |
|
78
Citigroup
New York
| – | -$2.45M | -249,851 | Closed |
|
79
Alyeska Investment Group
Chicago,
Illinois
| – | -$2.06M | -210,000 | Closed |
|
|
NMC
80
Nine Masts Capital
Central,
Hong Kong
| – | -$943K | -96,000 | Closed |
|
|
ICM
81
III Capital Management
Boca Raton,
Florida
| – | -$530K | -54,000 | Closed |
|
82
Mariner
Overland Park,
Kansas
| – | -$333K | -33,942 | Closed |
|
|
OCAM
83
Owl Creek Asset Management
New York
| – | -$196K | -20,000 | Closed |
|
|
OMC
84
Old Mission Capital
Chicago,
Illinois
| – | -$137K | -13,871 | -57% |
|
|
CSS
85
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$109K | -11,143 | Closed |
|
|
PCM
86
Penserra Capital Management
Orinda,
California
| – | -$43K | -4,476 | Closed |
|
HHLA Hedge Fund Activity: Q3 2022 in Review
75 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in HH&L Acquisition Co. (HHLA) for Q3 2022, worth a combined $331M — up 8% from $307M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HHLA and 11 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 16 added.
The largest buyer was Mizuho Markets Americas, opening a new position worth an estimated $12.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $7.85M.
- 75 institutional investors held HH&L Acquisition Co. (HHLA) as of Q3 2022, down from 77 in Q2 2022.
- Funds reported $331M of HH&L Acquisition Co. stock for Q3 2022, up 8% quarter-over-quarter.
- 11 funds opened new HH&L Acquisition Co. positions in Q3 2022 and 12 closed out, a net change of -1 holder.
- The largest HH&L Acquisition Co. buyer in Q3 2022 was Mizuho Markets Americas, an estimated $12.7M added.
- The largest HH&L Acquisition Co. seller in Q3 2022 was D.E. Shaw & Co, an estimated $7.85M sold.
Based on aggregated 13F filings for Q3 2022.