Illumination Acquisition Corp I Units
ILLUU
15 hedge funds and large institutions have $55.1M invested in Illumination Acquisition Corp I Units in 2026 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 36 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
69% less funds holding
Funds holding: 49 → 15 (-34)
73% less capital invested
Capital invested by funds: $208M → $55.1M (-$152M)
75.04% less ownership
Funds ownership: 101.72% → 26.68% (-75%)
94% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$5M |
| 2 |
CS
Clear Street
New York
|
+$759K |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$656K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$103K |
| 5 |
LPC
Lineage Point Capital
Palm Beach,
Florida
|
+$8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$18.4M |
| 2 |
KC
Kryger Capital
London,
United Kingdom
|
-$9.97M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$9.92M |
| 4 |
LA
Linden Advisors
New York
|
-$9.42M |
| 5 |
SAMU
SONA Asset Management (US)
New York
|
-$8.93M |
ILLUU Hedge Fund Activity: Q2 2026 in Review
15 of the 8,329 institutional investors tracked by Wall St. Rank reported a position in Illumination Acquisition Corp I Units (ILLUU) for Q2 2026, worth a combined $55.1M — down 73% from $208M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ILLUU and 2 opened new positions — a net loss of 34 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $5M. The largest seller was Magnetar Financial, exiting entirely with an estimated $18.4M sold.
- 15 institutional investors held Illumination Acquisition Corp I Units (ILLUU) as of Q2 2026, down from 49 in Q1 2026.
- Funds reported $55.1M of Illumination Acquisition Corp I Units stock for Q2 2026, down 73% quarter-over-quarter.
- 2 funds opened new Illumination Acquisition Corp I Units positions in Q2 2026 and 36 closed out, a net change of -34 holders.
- The largest Illumination Acquisition Corp I Units buyer in Q2 2026 was JP Morgan Chase, an estimated $5M added.
- The largest Illumination Acquisition Corp I Units seller in Q2 2026 was Magnetar Financial, an estimated $18.4M sold.
Based on aggregated 13F filings for Q2 2026.