New Horizon Aircraft
HOVR
4 hedge funds and large institutions have $1.91M invested in New Horizon Aircraft in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 27 closing their positions.
42.19% less ownership
Funds ownership: 46.67% → 4.49% (-42%)
87% less funds holding
Funds holding: 30 → 4 (-26)
93% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 27
97% less capital invested
Capital invested by funds: $55.2M → $1.91M (-$53.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.29M |
| 2 |
JP Morgan Chase
New York
|
+$3 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$12.6M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$5.89M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.85M |
| 4 |
D.E. Shaw & Co
New York
|
-$4.41M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YCM
26
Yakira Capital Management
Westport,
Connecticut
| – | -$417K | -39,291 | Closed |
|
|
CH
27
CVI Holdings
Wilmington,
Delaware
| – | -$173K | -20,789 | Closed |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$133K | -16,000 | Closed |
|
29
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$113K | -13,526 | Closed |
|
|
TI
30
TrueMark Investments
Chicago,
Illinois
| – | -$91.4K | -10,989 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$3.42K | -411 | Closed |
|
HOVR Hedge Fund Activity: Q1 2024 in Review
4 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in New Horizon Aircraft (HOVR) for Q1 2024, worth a combined $1.91M — down 97% from $55.2M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of HOVR and 2 opened new positions — a net loss of 25 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $2.29M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $12.6M sold.
- 4 institutional investors held New Horizon Aircraft (HOVR) as of Q1 2024, down from 30 in Q4 2023.
- Funds reported $1.91M of New Horizon Aircraft stock for Q1 2024, down 97% quarter-over-quarter.
- 2 funds opened new New Horizon Aircraft positions in Q1 2024 and 27 closed out, a net change of -25 holders.
- The largest New Horizon Aircraft buyer in Q1 2024 was Meteora Capital, an estimated $2.29M added.
- The largest New Horizon Aircraft seller in Q1 2024 was First Trust Capital Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2024.