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.
24 hedge funds and large institutions have $62.8M invested in HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% less funds holding
Funds holding: 33 → 24 (-9)
31% less capital invested
Capital invested by funds: $91.2M → $62.8M (-$28.3M)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$617K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$335K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$25.3K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$24.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.16M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.17M |
| 3 |
JP Morgan Chase
New York
|
-$2.75M |
| 4 |
KC
Kepos Capital
New York
|
-$2.64M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.28M |
HPX.U Hedge Fund Activity: Q1 2021 in Review
24 of the 5,711 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 Q1 2021, worth a combined $62.8M — down 31% from $91.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HPX.U and 3 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was Mint Tower Capital Management, adding an estimated $617K. The largest seller was Periscope Capital, exiting entirely with an estimated $7.16M sold.
- 24 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 Q1 2021, down from 33 in Q4 2020.
- Funds reported $62.8M of HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2021, down 31% quarter-over-quarter.
- 3 funds opened new HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2021 and 12 closed out, a net change of -9 holders.
- The largest HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q1 2021 was Mint Tower Capital Management, an estimated $617K added.
- The largest HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q1 2021 was Periscope Capital, an estimated $7.16M sold.
Based on aggregated 13F filings for Q1 2021.