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, 1 increasing their positions, 14 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: $150M → $67.2M (-$82.5M)
93% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 14
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$216K |
| 2 |
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 |
HZAC.U Hedge Fund Activity: Q1 2021 in Review
20 of the 5,711 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 $150M 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 14 trimmed existing stakes and 1 added.
The largest buyer was Mint Tower Capital Management, adding an estimated $216K. 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 Mint Tower Capital Management, an estimated $216K 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.