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.
20 hedge funds and large institutions have $67.2M invested in Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 15 reducing their positions, and 19 closing their positions.
47% less funds holding
Funds holding: 38 → 20 (-18)
55% less capital invested
Capital invested by funds: $149M → $67.2M (-$82.2M)
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 19
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.1M |
| 2 |
Millennium Management
New York
|
-$16.9M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.95M |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$4.64M |
| 5 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$3.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KPF
26
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$2.99M | -283,503 | Closed |
|
27
Jane Street
New York
| – | -$2.64M | -250,127 | Closed |
|
|
LP
28
LMR Partners
London,
United Kingdom
| – | -$2.64M | -250,000 | Closed |
|
|
OAC
29
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$2.01M | -190,586 | Closed |
|
|
SCS
30
Syquant Capital SAS
Paris,
France
| – | -$1.06M | -100,000 | Closed |
|
|
AGC
31
Angelo Gordon & Co
New York
| – | -$528K | -50,000 | Closed |
|
32
Parallax Volatility Advisers
San Francisco,
California
| – | -$522K | -49,400 | Closed |
|
33
Walleye Capital
New York
| – | -$348 | -33,000 | Closed |
|
|
VF
34
Virtu Financial
New York
| – | -$289K | -27,334 | Closed |
|
35
Walleye Trading
New York
| – | -$232K | -22,000 | Closed |
|
|
EAM
36
Exos Asset Management
New York
| – | -$4K | -400 | Closed |
|
HZAC.U Hedge Fund Activity: Q1 2021 in Review
20 of the 5,696 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 Q1 2021, worth a combined $67.2M — down 55% from $149M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HZAC.U and 1 opened new positions — a net loss of 18 holders — while 15 trimmed existing stakes and 0 added.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $114K. The largest seller was Adage Capital Partners, exiting entirely with an estimated $21.1M sold.
- 20 institutional investors held Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o (HZAC.U) as of Q1 2021, down from 38 in Q4 2020.
- Funds reported $67.2M of Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o stock for Q1 2021, down 55% quarter-over-quarter.
- 1 fund opened new Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o positions in Q1 2021 and 19 closed out, a net change of -18 holders.
- The largest Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o buyer in Q1 2021 was Boothbay Fund Management, an estimated $114K added.
- The largest Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o seller in Q1 2021 was Adage Capital Partners, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2021.