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.
14 hedge funds and large institutions have $33.1M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 22 closing their positions.
60% less funds holding
Funds holding: 35 → 14 (-21)
65% less capital invested
Capital invested by funds: $95.7M → $33.1M (-$62.6M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3.04M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$364 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$15.1M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$15M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$13.7M |
| 4 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
-$5.88M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wolverine Trading
Chicago,
Illinois
| – | -$274K | -27,362 | Closed |
|
|
CIM
27
Cowen Investment Management
New York
| – | -$200K | -20,000 | Closed |
|
|
BCM
28
BlueCrest Capital Management
St Helier,
Jersey
| – | -$150K | -15,000 | Closed |
|
|
BFM
29
Boothbay Fund Management
New York
| – | -$150K | -15,000 | Closed |
|
30
Nomura Holdings
Tokyo,
Japan
| – | -$148K | -14,714 | Closed |
|
|
SMA
31
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$114K | -11,402 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$38K | -3,743 | Closed |
|
|
CCM
33
Condor Capital Management
Martinsville,
New Jersey
| – | -$17K | -1,712 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$6K | -688 | Closed |
|
35
Morgan Stanley
New York
| – | -$4K | -360 | Closed |
|
HTPA.U Hedge Fund Activity: Q3 2021 in Review
14 of the 5,712 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 Q3 2021, worth a combined $33.1M — down 65% from $95.7M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HTPA.U and 1 opened new positions — a net loss of 21 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $3.04M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $15.1M sold.
- 14 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 Q3 2021, down from 35 in Q2 2021.
- Funds reported $33.1M of Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q3 2021, down 65% quarter-over-quarter.
- 1 fund 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 Q3 2021 and 22 closed out, a net change of -21 holders.
- 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 Q3 2021 was Cowen and Company, an estimated $3.04M 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 Q3 2021 was Glazer Capital LLC, an estimated $15.1M sold.
Based on aggregated 13F filings for Q3 2021.