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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.

New
Increased
Maintained
Reduced
Closed

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

Holders
4
Holders Change
-26
Holders Change %
-86.67%
% of All Funds
0.06%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
2
Increased
–
Reduced
1
Closed
27
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MC
Meteora Capital
Florida
+$2.29M
2
JP Morgan Chase
JP Morgan Chase
New York
+$3

Top Sellers

Rank Fund Capital Flow
1
FTCM
First Trust Capital Management
Illinois
-$12.6M
2
OCM
Oaktree Capital Management
California
-$5.89M
3
WRBC
W.R. Berkley Corp
Connecticut
-$4.85M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$4.41M
5
AA
AQR Arbitrage
Connecticut
-$2.97M
Name Holding Trade Value Shares
Change 		Change in
Stake
MC
1
Meteora Capital
Florida
$1.9M +$2.29M +793,299 New
UBS Group
2
UBS Group
Switzerland
$5.78K -$40.4K -13,986 -85%
TCM
3
Tuttle Capital Management
Connecticut
$601 – – –
JP Morgan Chase
4
JP Morgan Chase
New York
$2 +$3 +1 New
FTCM
5
First Trust Capital Management
Illinois
– -$12.6M -1,185,979 Closed
WRBC
6
W.R. Berkley Corp
Connecticut
– -$4.85M -582,388 Closed
OCM
7
Oaktree Capital Management
California
– -$5.89M -555,000 Closed
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
– -$4.41M -530,000 Closed
AA
9
AQR Arbitrage
Connecticut
– -$2.97M -330,000 Closed
FTCM
10
Fir Tree Capital Management
New York
– -$2.93M -278,968 Closed
PC
11
Periscope Capital
Ontario, Canada
– -$2.65M -250,000 Closed
CM
12
Cohanzick Management
New York
– -$2.33M -219,270 Closed
KL
13
KIM LLC
Kansas
– -$2.28M -214,800 Closed
COPPSERS
14
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
– -$1.66M -200,000 Closed
SCM
15
Saba Capital Management
New York
– -$2.12M -199,659 Closed
RCM
16
Rivernorth Capital Management
Florida
– -$1.33M -159,489 Closed
PMAM
17
Picton Mahoney Asset Management
Ontario, Canada
– -$1.59M -150,000 Closed
BI
18
Bulldog Investors
New Jersey
– -$1.41M -140,828 Closed
Two Sigma Investments
19
Two Sigma Investments
New York
– -$666K -80,000 Closed
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
– -$655K -78,705 Closed
LCM
21
Lynwood Capital Management
Ontario, Canada
– -$795K -74,900 Closed
FSI
22
Flow State Investments
Illinois
– -$671K -63,170 Closed
SIA
23
SkyView Investment Advisors
New Jersey
– -$478K -45,000 Closed
KIM
24
Karpus Investment Management
New York
– -$461K -43,368 Closed
CS
25
Clear Street
New York
– -$330K -39,605 Closed
1
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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.