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.
10 hedge funds and large institutions have $6.34M 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 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
6% less capital invested
Capital invested by funds: $6.71M → $6.34M (-$370K)
29% less funds holding
Funds holding: 14 → 10 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$113K |
| 2 |
Walleye Capital
New York
|
+$22.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$354K |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$113K |
| 3 |
CS
Clear Street
New York
|
-$73.7K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$18.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
1
Wealthspring Capital
West Harrison,
New York
| $2.23M | -$18.9K | -1,900 | -0.8% |
|
|
SIA
2
Schechter Investment Advisors
Birmingham,
Michigan
| $1.87M | – | – | – |
|
|
HF
3
HRT Financial
New York
| $1.5M | – | – | – |
|
|
RCM
4
Rivernorth Capital Management
West Palm Beach,
Florida
| $505K | +$113K | +11,371 | +29% |
|
|
5
Walleye Capital
New York
| $196K | +$22.1K | +2,220 | +13% |
|
|
CCM
6
Condor Capital Management
Martinsville,
New Jersey
| $16K | – | – | – |
|
|
CS
7
Clear Street
New York
| $13K | -$73.7K | -7,394 | -85% |
|
8
UBS Group
Zurich,
Switzerland
| $6K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $3K | – | – | – |
|
|
SMA
10
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$354K | -35,800 | Closed |
|
|
SIM
11
Sandia Investment Management
Boston,
Massachusetts
| – | -$113K | -11,371 | Closed |
|
|
12
Bank of America
Charlotte,
North Carolina
| – | -$5K | -500 | Closed |
|
|
WAM
13
Wolverine Asset Management
Chicago,
Illinois
| – | -$1K | -200 | Closed |
|
HIGA.U Hedge Fund Activity: Q3 2022 in Review
10 of the 5,805 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 Q3 2022, worth a combined $6.34M — down 5.5% from $6.71M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HIGA.U and 0 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $113K. The largest seller was Sage Mountain Advisors, exiting entirely with an estimated $354K sold.
- 10 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 Q3 2022, down from 14 in Q2 2022.
- Funds reported $6.34M of H.I.G. Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q3 2022, down 5.5% quarter-over-quarter.
- 0 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 Q3 2022 and 4 closed out, a net change of -4 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 Q3 2022 was Rivernorth Capital Management, an estimated $113K 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 Q3 2022 was Sage Mountain Advisors, an estimated $354K sold.
Based on aggregated 13F filings for Q3 2022.