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.
34 hedge funds and large institutions have $112M 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 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 52 closing their positions.
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
57% less funds holding
Funds holding: 79 → 34 (-45)
62% less capital invested
Capital invested by funds: $296M → $112M (-$184M)
87% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$2.32M |
| 2 |
Goldman Sachs
New York
|
+$982K |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$467K |
| 4 |
VF
Virtu Financial
New York
|
+$463K |
| 5 |
JG
Jefferies Group
New York
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$15.8M |
| 2 |
Millennium Management
New York
|
-$13.9M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$12.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$8.75M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
76
Dupont Capital Management
Wilmington,
Delaware
| – | -$270K | -24,996 | -100% |
|
|
KC
77
KCL Capital
New York
| – | -$260K | -24,778 | Closed |
|
78
Walleye Trading
New York
| – | -$210K | -20,000 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$196K | -18,687 | Closed |
|
|
VCM
80
Vivaldi Capital Management
Chicago,
Illinois
| – | -$159K | -15,100 | Closed |
|
|
BFM
81
Boothbay Fund Management
New York
| – | -$150K | -14,330 | Closed |
|
|
GCIA
82
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$138K | -13,154 | Closed |
|
|
GF
83
Gabelli Funds
Rye,
New York
| – | -$124K | -11,846 | Closed |
|
84
Voloridge Investment Management
Jupiter,
Florida
| – | -$122K | -11,645 | Closed |
|
85
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$10K | -940 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | +$356 | +33 | New |
|
HTPA.U Hedge Fund Activity: Q1 2021 in Review
34 of the 5,695 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 Q1 2021, worth a combined $112M — down 62% from $296M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of HTPA.U and 7 opened new positions — a net loss of 45 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was Northeast Financial Consultants, adding an estimated $2.32M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $15.8M sold.
- 34 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 Q1 2021, down from 79 in Q4 2020.
- Funds reported $112M of Highland Transcend Partners I Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q1 2021, down 62% quarter-over-quarter.
- 7 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 Q1 2021 and 52 closed out, a net change of -45 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 Q1 2021 was Northeast Financial Consultants, an estimated $2.32M 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 Q1 2021 was Luxor Capital Group, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2021.