Horizon Acquisition Corporation
HZAC
HZAC was delisted on the 18th of October, 2021.
60 hedge funds and large institutions have $331M invested in Horizon Acquisition Corporation in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 24 closing their positions.
19% more capital invested
Capital invested by funds: $279M → $331M (+$52.5M)
12% less funds holding
Funds holding: 68 → 60 (-8)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LH Capital Markets
New York
|
+$40M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.4M |
| 3 |
SC
Sculptor Capital
New York
|
+$17M |
| 4 |
6CM
683 Capital Management
New York
|
+$16M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
CAAS Capital Management
New York
|
-$12.3M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$11.3M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.15M |
| 4 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$8.89M |
| 5 |
LA
Linden Advisors
New York
|
-$8.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MS
76
Maven Securities
St Helier,
Jersey
| – | -$493K | -50,000 | Closed |
|
|
RA
77
Ramius Advisors
New York
| – | -$432K | -43,719 | Closed |
|
|
CM
78
Cohanzick Management
Pleasantville,
New York
| – | -$374K | -37,886 | Closed |
|
|
WCA
79
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$335K | -33,876 | Closed |
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$287K | -29,006 | Closed |
|
|
MTIM
81
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$177K | -17,900 | Closed |
|
|
VCM
82
Vivaldi Capital Management
Chicago,
Illinois
| – | -$147K | -14,919 | Closed |
|
|
RA
83
RiverPark Advisors
New York
| – | -$68K | -6,931 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$16K | -1,589 | Closed |
|
HZAC Hedge Fund Activity: Q2 2021 in Review
60 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Horizon Acquisition Corporation (HZAC) for Q2 2021, worth a combined $331M — up 19% from $279M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of HZAC and 17 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 14 added.
The largest buyer was LH Capital Markets, opening a new position worth an estimated $40M. The largest seller was CAAS Capital Management, exiting entirely with an estimated $12.3M sold.
- 60 institutional investors held Horizon Acquisition Corporation (HZAC) as of Q2 2021, down from 68 in Q1 2021.
- Funds reported $331M of Horizon Acquisition Corporation stock for Q2 2021, up 19% quarter-over-quarter.
- 17 funds opened new Horizon Acquisition Corporation positions in Q2 2021 and 24 closed out, a net change of -7 holders.
- The largest Horizon Acquisition Corporation buyer in Q2 2021 was LH Capital Markets, an estimated $40M added.
- The largest Horizon Acquisition Corporation seller in Q2 2021 was CAAS Capital Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2021.