KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant
KAHC.U
KAHC.U was delisted on the 13th of December, 2022.
28 hedge funds and large institutions have $138M invested in KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 9 closing their positions.
15% less funds holding
Funds holding: 33 → 28 (-5)
21% less capital invested
Capital invested by funds: $175M → $138M (-$37M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prelude Capital Management
New York
|
+$43.7M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.84M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$519K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$332K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$34.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Clearline Capital
New York
|
-$9.96M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.03M |
| 3 |
Millennium Management
New York
|
-$1.73M |
| 4 |
Goldman Sachs
New York
|
-$1.4M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $10K | -$173K | -17,463 | -94% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $9K | – | – | – |
|
|
CC
28
Clearline Capital
New York
| – | -$9.96M | -1,000,000 | Closed |
|
|
29
Goldman Sachs
New York
| – | -$1.4M | -141,000 | Closed |
|
|
CL
30
CSS LLC
Chicago,
Illinois
| – | -$1.05M | -105,894 | Closed |
|
|
GCM
31
Granby Capital Management
Miami Beach,
Florida
| – | -$995K | -100,000 | Closed |
|
|
FFA
32
First Foundation Advisors
Irvine,
California
| – | -$224K | -22,500 | Closed |
|
|
OCAM
33
Owl Creek Asset Management
New York
| – | -$169K | -17,000 | Closed |
|
34
Wolverine Trading
Chicago,
Illinois
| – | -$144K | -14,416 | Closed |
|
|
GT
35
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$114K | -11,448 | -100% |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$25K | -2,500 | Closed |
|
|
CS
37
Clear Street
New York
| – | -$2K | -252 | Closed |
|
KAHC.U Hedge Fund Activity: Q2 2022 in Review
28 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant (KAHC.U) for Q2 2022, worth a combined $138M — down 21% from $175M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KAHC.U and 4 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Prelude Capital Management, opening a new position worth an estimated $43.7M. The largest seller was Clearline Capital, exiting entirely with an estimated $9.96M sold.
- 28 institutional investors held KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant (KAHC.U) as of Q2 2022, down from 33 in Q1 2022.
- Funds reported $138M of KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant stock for Q2 2022, down 21% quarter-over-quarter.
- 4 funds opened new KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant positions in Q2 2022 and 9 closed out, a net change of -5 holders.
- The largest KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant buyer in Q2 2022 was Prelude Capital Management, an estimated $43.7M added.
- The largest KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant seller in Q2 2022 was Clearline Capital, an estimated $9.96M sold.
Based on aggregated 13F filings for Q2 2022.