USHG Acquisition Corp.
HUGS
HUGS was delisted on the 27th of December, 2022.
62 hedge funds and large institutions have $178M invested in USHG Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 17 closing their positions.
555% more call options, than puts
Call options by funds: $131K | Put options by funds: $20K
4% less capital invested
Capital invested by funds: $186M → $178M (-$8.16M)
16% less funds holding
Funds holding: 74 → 62 (-12)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$21.3M |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$12.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.42M |
| 4 |
AC
Antara Capital
New York
|
+$2.06M |
| 5 |
Millennium Management
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.64M |
| 2 |
DCP
Diameter Capital Partners
New York
|
-$6.22M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.73M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.52M |
| 5 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$2.09M |
HUGS Hedge Fund Activity: Q1 2022 in Review
62 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in USHG Acquisition Corp. (HUGS) for Q1 2022, worth a combined $178M — down 4.4% from $186M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of HUGS and 6 opened new positions — a net loss of 11 holders — while 19 trimmed existing stakes and 12 added.
The largest buyer was Fort Baker Capital Management, adding an estimated $21.3M. The largest seller was Weiss Asset Management, cutting an estimated $7.64M.
- 62 institutional investors held USHG Acquisition Corp. (HUGS) as of Q1 2022, down from 74 in Q4 2021.
- Funds reported $178M of USHG Acquisition Corp. stock for Q1 2022, down 4.4% quarter-over-quarter.
- 6 funds opened new USHG Acquisition Corp. positions in Q1 2022 and 17 closed out, a net change of -11 holders.
- The largest USHG Acquisition Corp. buyer in Q1 2022 was Fort Baker Capital Management, an estimated $21.3M added.
- The largest USHG Acquisition Corp. seller in Q1 2022 was Weiss Asset Management, an estimated $7.64M sold.
Based on aggregated 13F filings for Q1 2022.