HCM II Acquisition Corp Unit
HONDU
HONDU was delisted on the 28th of October, 2025.
14 hedge funds and large institutions have $44.7M invested in HCM II Acquisition Corp Unit in 2024 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 28 closing their positions.
66% less funds holding
Funds holding: 41 → 14 (-27)
71.65% less ownership
Funds ownership: 93.78% → 22.13% (-72%)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
76% less capital invested
Capital invested by funds: $188M → $44.7M (-$143M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$5.6K |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$3.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$22.7M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$20.7M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$19.8M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$8.87M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$7.76M |
HONDU Hedge Fund Activity: Q4 2024 in Review
14 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in HCM II Acquisition Corp Unit (HONDU) for Q4 2024, worth a combined $44.7M — down 76% from $188M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of HONDU and 1 opened new positions — a net loss of 27 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $5.6K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $22.7M sold.
- 14 institutional investors held HCM II Acquisition Corp Unit (HONDU) as of Q4 2024, down from 41 in Q3 2024.
- Funds reported $44.7M of HCM II Acquisition Corp Unit stock for Q4 2024, down 76% quarter-over-quarter.
- 1 fund opened new HCM II Acquisition Corp Unit positions in Q4 2024 and 28 closed out, a net change of -27 holders.
- The largest HCM II Acquisition Corp Unit buyer in Q4 2024 was Clear Street, an estimated $5.6K added.
- The largest HCM II Acquisition Corp Unit seller in Q4 2024 was AQR Arbitrage, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2024.