HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
HHLA.U
HHLA.U was delisted on the 9th of February, 2024.
31 hedge funds and large institutions have $108M invested in HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 8 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% less funds holding
Funds holding: 37 → 31 (-6)
20% less capital invested
Capital invested by funds: $135M → $108M (-$26.4M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DACS
Dymon Asia Capital (Singapore)
Singapore
|
+$6M |
| 2 |
VF
Virtu Financial
New York
|
+$1.16M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$314K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$16.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$12.5M |
| 2 |
Millennium Management
New York
|
-$9.34M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.47M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.86M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| $144K | +$16.6K | +1,656 | +13% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $41K | -$45K | -4,500 | -52% |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $16K | -$133K | -13,330 | -89% |
|
|
BCM
29
BlueCrest Capital Management
St Helier,
Jersey
| – | -$12.5M | -1,240,800 | Closed |
|
|
PC
30
Periscope Capital
Toronto,
Ontario, Canada
| – | -$3.47M | -344,047 | Closed |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$2.86M | -282,986 | Closed |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1.51M | -150,000 | Closed |
|
|
SCM
33
Shaolin Capital Management
Miami,
Florida
| – | -$505K | -50,000 | Closed |
|
|
OMC
34
Old Mission Capital
Chicago,
Illinois
| – | -$135K | -13,386 | Closed |
|
|
ICM
35
Infini Capital Management
Central,
Hong Kong
| – | -$100K | -10,000 | Closed |
|
|
IMF
36
Infini Master Fund
Hong Kong
| – | -$100K | -10,000 | Closed |
|
HHLA.U Hedge Fund Activity: Q3 2021 in Review
31 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (HHLA.U) for Q3 2021, worth a combined $108M — down 20% from $135M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HHLA.U and 2 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Dymon Asia Capital (Singapore), opening a new position worth an estimated $6M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $12.5M sold.
- 31 institutional investors held HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (HHLA.U) as of Q3 2021, down from 37 in Q2 2021.
- Funds reported $108M of HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q3 2021, down 20% quarter-over-quarter.
- 2 funds opened new HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q3 2021 and 8 closed out, a net change of -6 holders.
- The largest HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q3 2021 was Dymon Asia Capital (Singapore), an estimated $6M added.
- The largest HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q3 2021 was BlueCrest Capital Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2021.