HH&L Acquisition Co.
HHLA
HHLA was delisted on the 9th of February, 2024.
17 hedge funds and large institutions have $41.4M invested in HH&L Acquisition Co. in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 10 closing their positions.
11% less funds holding
Funds holding: 19 → 17 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
32% less capital invested
Capital invested by funds: $60.6M → $41.4M (-$19.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$6.32M |
| 2 |
AMC
Atlas Merchant Capital
New York
|
+$4.42M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.25M |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$2.4M |
| 5 |
ETH
Exos TFP Holdings
New York
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$8.71M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$7.85M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$5.92M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.24M |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$3.14M |
HHLA Hedge Fund Activity: Q3 2023 in Review
17 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in HH&L Acquisition Co. (HHLA) for Q3 2023, worth a combined $41.4M — down 32% from $60.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HHLA and 8 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $6.32M. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $8.71M sold.
- 17 institutional investors held HH&L Acquisition Co. (HHLA) as of Q3 2023, down from 19 in Q2 2023.
- Funds reported $41.4M of HH&L Acquisition Co. stock for Q3 2023, down 32% quarter-over-quarter.
- 8 funds opened new HH&L Acquisition Co. positions in Q3 2023 and 10 closed out, a net change of -2 holders.
- The largest HH&L Acquisition Co. buyer in Q3 2023 was Highbridge Capital Management, an estimated $6.32M added.
- The largest HH&L Acquisition Co. seller in Q3 2023 was Westchester Capital Management (New York), an estimated $8.71M sold.
Based on aggregated 13F filings for Q3 2023.