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.
11 hedge funds and large institutions have $180M invested in Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 11 closing their positions.
168% more capital invested
Capital invested by funds: $67.2M → $180M (+$113M)
45% less funds holding
Funds holding: 20 → 11 (-9)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$23K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$2.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$13.1M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$9.86M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8.12M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.06M |
| 5 |
KC
Kepos Capital
New York
|
-$5.17M |
HZAC.U Hedge Fund Activity: Q2 2021 in Review
11 of the 5,767 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 Q2 2021, worth a combined $180M — up 168% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HZAC.U and 2 opened new positions — a net loss of 9 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, opening a new position worth an estimated $23K. The largest seller was Magnetar Financial, exiting entirely with an estimated $13.1M sold.
- 11 institutional investors held Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o (HZAC.U) as of Q2 2021, down from 20 in Q1 2021.
- Funds reported $180M of Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o stock for Q2 2021, up 168% quarter-over-quarter.
- 2 funds opened new Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o positions in Q2 2021 and 11 closed out, a net change of -9 holders.
- The largest Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o buyer in Q2 2021 was UBS Group, an estimated $23K added.
- The largest Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o seller in Q2 2021 was Magnetar Financial, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2021.