New Horizon Aircraft
HOVR
52 hedge funds and large institutions have $102M invested in New Horizon Aircraft in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
44% more funds holding
Funds holding: 36 → 52 (+16)
26% more capital invested
Capital invested by funds: $80.6M → $102M (+$21.3M)
14.62% more ownership
Funds ownership: 64.83% → 79.46% (+15%)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.81M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$4.21M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$4.21M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.24M |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$3.58M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$2.99M |
| 3 |
CAC
Cowen and Company
New York
|
-$2.08M |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$1.83M |
| 5 |
JP Morgan Chase
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| $47.6K | +$47.5K | +4,515 | New |
|
52
UBS Group
Zurich,
Switzerland
| $1.4K | +$1.4K | +133 | New |
|
|
SFM
53
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$2.99M | -415,347 | Closed |
|
|
GCL
54
Glazer Capital LLC
New York
| – | -$3.58M | -344,420 | Closed |
|
|
CAC
55
Cowen and Company
New York
| – | -$2.08M | -199,358 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -405 | Closed |
|
HOVR Hedge Fund Activity: Q3 2023 in Review
52 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in New Horizon Aircraft (HOVR) for Q3 2023, worth a combined $102M — up 26% from $80.6M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HOVR positions and 4 closed out — a net gain of 16 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Periscope Capital, opening a new position worth an estimated $7.81M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $3.58M sold.
- 52 institutional investors held New Horizon Aircraft (HOVR) as of Q3 2023, up from 36 in Q2 2023.
- Funds reported $102M of New Horizon Aircraft stock for Q3 2023, up 26% quarter-over-quarter.
- 20 funds opened new New Horizon Aircraft positions in Q3 2023 and 4 closed out, a net change of +16 holders.
- The largest New Horizon Aircraft buyer in Q3 2023 was Periscope Capital, an estimated $7.81M added.
- The largest New Horizon Aircraft seller in Q3 2023 was Glazer Capital LLC, an estimated $3.58M sold.
Based on aggregated 13F filings for Q3 2023.