H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
HIGA.U
HIGA.U was delisted on the 21st of October, 2022.
14 hedge funds and large institutions have $6.71M invested in H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 5 closing their positions.
13% less funds holding
Funds holding: 16 → 14 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
41% less capital invested
Capital invested by funds: $11.4M → $6.71M (-$4.72M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$388K |
| 2 |
Walleye Capital
New York
|
+$173K |
| 3 |
CS
Clear Street
New York
|
+$86.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.75M |
| 2 |
Goldman Sachs
New York
|
-$1.49M |
| 3 |
CI
CAZ Investments
Houston,
Texas
|
-$544K |
| 4 |
VF
Virtu Financial
New York
|
-$428K |
| 5 |
CIM
Cowen Investment Management
New York
|
-$298K |
HIGA.U Hedge Fund Activity: Q2 2022 in Review
14 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (HIGA.U) for Q2 2022, worth a combined $6.71M — down 41% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HIGA.U and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 0 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $388K. The largest seller was Magnetar Financial, exiting entirely with an estimated $1.75M sold.
- 14 institutional investors held H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (HIGA.U) as of Q2 2022, down from 16 in Q1 2022.
- Funds reported $6.71M of H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q2 2022, down 41% quarter-over-quarter.
- 3 funds opened new H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q2 2022 and 5 closed out, a net change of -2 holders.
- The largest H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q2 2022 was Rivernorth Capital Management, an estimated $388K added.
- The largest H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q2 2022 was Magnetar Financial, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2022.