USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant
HUGS.U
HUGS.U was delisted on the 23rd of December, 2022.
64 hedge funds and large institutions have $134M invested in USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 52 closing their positions.
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
40% less funds holding
Funds holding: 107 → 64 (-43)
44% less capital invested
Capital invested by funds: $242M → $134M (-$107M)
83% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 52
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
+$1.19M |
| 2 |
D.E. Shaw & Co
New York
|
+$1M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$715K |
| 4 |
Jane Street
New York
|
+$538K |
| 5 |
KC
Kepos Capital
New York
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$14.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$8.59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.99M |
| 4 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$6.03M |
| 5 |
Millennium Management
New York
|
-$5.92M |
HUGS.U Hedge Fund Activity: Q2 2021 in Review
64 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant (HUGS.U) for Q2 2021, worth a combined $134M — down 44% from $242M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of HUGS.U and 9 opened new positions — a net loss of 43 holders — while 18 trimmed existing stakes and 11 added.
The largest buyer was Centiva Capital, adding an estimated $1.19M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $14.7M.
- 64 institutional investors held USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant (HUGS.U) as of Q2 2021, down from 107 in Q1 2021.
- Funds reported $134M of USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant stock for Q2 2021, down 44% quarter-over-quarter.
- 9 funds opened new USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant positions in Q2 2021 and 52 closed out, a net change of -43 holders.
- The largest USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant buyer in Q2 2021 was Centiva Capital, an estimated $1.19M added.
- The largest USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant seller in Q2 2021 was Gilder Gagnon Howe & Co, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2021.