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.
17 hedge funds and large institutions have $26.6M invested in USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
6% less funds holding
Funds holding: 18 → 17 (-1)
23% less capital invested
Capital invested by funds: $34.6M → $26.6M (-$8.01M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$790K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$128K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$7.44M |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$535K |
| 3 |
Select Equity Group
New York
|
-$310K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$304K |
| 5 |
CS
Clear Street
New York
|
-$162K |
HUGS.U Hedge Fund Activity: Q3 2022 in Review
17 of the 5,806 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 Q3 2022, worth a combined $26.6M — down 23% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of HUGS.U and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $790K. The largest seller was Senator Investment Group, exiting entirely with an estimated $7.44M sold.
- 17 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 Q3 2022, down from 18 in Q2 2022.
- Funds reported $26.6M of USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant stock for Q3 2022, down 23% quarter-over-quarter.
- 2 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 Q3 2022 and 3 closed out, a net change of -1 holder.
- The largest USHG Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-third of one Warrant buyer in Q3 2022 was Wolverine Asset Management, an estimated $790K 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 Q3 2022 was Senator Investment Group, an estimated $7.44M sold.
Based on aggregated 13F filings for Q3 2022.