HH&L Acquisition Co.
HHLA
HHLA was delisted on the 9th of February, 2024.
31 hedge funds and large institutions have $107M invested in HH&L Acquisition Co. in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 46 closing their positions.
56% less funds holding
Funds holding: 71 → 31 (-40)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
70% less capital invested
Capital invested by funds: $353M → $107M (-$246M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
87% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$6.26M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.69M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.29M |
| 4 |
CCM
CAAS Capital Management
New York
|
+$1.1M |
| 5 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$33.9M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$20.2M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$16.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$15.7M |
| 5 |
TC
Tairen Capital
Hong Kong
|
-$15.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6K | -600 | Closed |
|
|
EC
77
Elequin Capital
New York
| – | -$5.05K | -500 | Closed |
|
HHLA Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in HH&L Acquisition Co. (HHLA) for Q1 2023, worth a combined $107M — down 70% from $353M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of HHLA and 6 opened new positions — a net loss of 40 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $6.26M. The largest seller was Aristeia Capital, exiting entirely with an estimated $33.9M sold.
- 31 institutional investors held HH&L Acquisition Co. (HHLA) as of Q1 2023, down from 71 in Q4 2022.
- Funds reported $107M of HH&L Acquisition Co. stock for Q1 2023, down 70% quarter-over-quarter.
- 6 funds opened new HH&L Acquisition Co. positions in Q1 2023 and 46 closed out, a net change of -40 holders.
- The largest HH&L Acquisition Co. buyer in Q1 2023 was Mizuho Securities USA, an estimated $6.26M added.
- The largest HH&L Acquisition Co. seller in Q1 2023 was Aristeia Capital, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2023.