HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
HPX.U
HPX.U was delisted on the 3rd of March, 2023.
33 hedge funds and large institutions have $90M invested in HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 21 closing their positions.
22% less capital invested
Capital invested by funds: $115M → $90M (-$25.1M)
27% less funds holding
Funds holding: 45 → 33 (-12)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
57% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$4.19M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.72M |
| 3 |
RA
Ramius Advisors
New York
|
+$2.54M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.21M |
| 5 |
VF
Virtu Financial
New York
|
+$739K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$20.4M |
| 2 |
LA
Linden Advisors
New York
|
-$5.36M |
| 3 |
SC
Sculptor Capital
New York
|
-$5.1M |
| 4 |
Blackstone Inc
New York
|
-$4.08M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$4.08M |
HPX.U Hedge Fund Activity: Q4 2020 in Review
33 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (HPX.U) for Q4 2020, worth a combined $90M — down 22% from $115M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of HPX.U and 9 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $4.19M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $20.4M sold.
- 33 institutional investors held HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (HPX.U) as of Q4 2020, down from 45 in Q3 2020.
- Funds reported $90M of HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q4 2020, down 22% quarter-over-quarter.
- 9 funds opened new HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q4 2020 and 21 closed out, a net change of -12 holders.
- The largest HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q4 2020 was Goldman Sachs, an estimated $4.19M added.
- The largest HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q4 2020 was SPX Gestao de Recursos, an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2020.