Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
HTPA.U
HTPA.U was delisted on the 2nd of December, 2022.
35 hedge funds and large institutions have $95.7M invested in Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 34 → 35 (+1)
15% less capital invested
Capital invested by funds: $112M → $95.7M (-$16.8M)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$2.68M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.53M |
| 3 |
FIG
Fortress Investment Group
New York
|
+$1.83M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$1.58M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$18.1M |
| 2 |
CCM
Cinctive Capital Management
New York
|
-$1.01M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$754K |
| 4 |
Millennium Management
New York
|
-$607K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$559K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
26
Boothbay Fund Management
New York
| $150K | +$152K | +15,000 | New |
|
27
Nomura Holdings
Tokyo,
Japan
| $148K | – | – | – |
|
|
SMA
28
Sage Mountain Advisors
Atlanta,
Georgia
| $114K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $38K | – | – | – |
|
|
CCM
30
Condor Capital Management
Martinsville,
New Jersey
| $17K | – | – | – |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| $6K | +$6.96K | +688 | New |
|
|
MF
32
Magnetar Financial
Evanston,
Illinois
| $4.13K | – | – | – |
|
33
Morgan Stanley
New York
| $4K | – | – | – |
|
|
CCM
34
Cinctive Capital Management
New York
| – | -$1.01M | -100,000 | Closed |
|
|
WAM
35
Weiss Asset Management
Boston,
Massachusetts
| – | -$754K | -75,000 | Closed |
|
|
CCM
36
CAAS Capital Management
New York
| – | -$503K | -50,000 | Closed |
|
|
VF
37
Virtu Financial
New York
| – | -$431K | -42,878 | Closed |
|
|
JG
38
Jefferies Group
New York
| – | -$252K | -25,000 | Closed |
|
HTPA.U Hedge Fund Activity: Q2 2021 in Review
35 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (HTPA.U) for Q2 2021, worth a combined $95.7M — down 15% from $112M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HTPA.U positions and 5 closed out — a net gain of 1 holder — while 2 added to existing stakes and 9 trimmed.
The largest buyer was Northeast Financial Consultants, adding an estimated $2.68M. The largest seller was BlueCrest Capital Management, cutting an estimated $18.1M.
- 35 institutional investors held Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (HTPA.U) as of Q2 2021, up from 34 in Q1 2021.
- Funds reported $95.7M of Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q2 2021, down 15% quarter-over-quarter.
- 6 funds opened new Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q2 2021 and 5 closed out, a net change of +1 holder.
- The largest Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q2 2021 was Northeast Financial Consultants, an estimated $2.68M added.
- The largest Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q2 2021 was BlueCrest Capital Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q2 2021.