Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o
HZAC.U
HZAC.U was delisted on the 18th of October, 2021.
38 hedge funds and large institutions have $149M invested in Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 22 closing their positions.
24% less funds holding
Funds holding: 50 → 38 (-12)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
53% less capital invested
Capital invested by funds: $315M → $149M (-$165M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
Top Sellers
| 1 |
LA
Linden Advisors
New York
|
-$41.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$31.2M |
| 3 |
Millennium Management
New York
|
-$27.6M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$18.1M |
| 5 |
CCM
CAAS Capital Management
New York
|
-$13M |
HZAC.U Hedge Fund Activity: Q4 2020 in Review
38 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o (HZAC.U) for Q4 2020, worth a combined $149M — down 53% from $315M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HZAC.U and 11 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $5.77M. The largest seller was Linden Advisors, exiting entirely with an estimated $41.6M sold.
- 38 institutional investors held Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o (HZAC.U) as of Q4 2020, down from 50 in Q3 2020.
- Funds reported $149M of Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o stock for Q4 2020, down 53% quarter-over-quarter.
- 11 funds opened new Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o positions in Q4 2020 and 22 closed out, a net change of -11 holders.
- The largest Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o buyer in Q4 2020 was BlueCrest Capital Management, an estimated $5.77M added.
- The largest Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o seller in Q4 2020 was Linden Advisors, an estimated $41.6M sold.
Based on aggregated 13F filings for Q4 2020.