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.
40 hedge funds and large institutions have $230M 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 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 15 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
19% less capital invested
Capital invested by funds: $285M → $230M (-$54.2M)
20% less funds holding
Funds holding: 50 → 40 (-10)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$1M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$769K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$334K |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$251K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$15M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$5.73M |
| 4 |
KC
Kepos Capital
New York
|
-$3.99M |
| 5 |
JP Morgan Chase
New York
|
-$2.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
51
Schonfeld Strategic Advisors
New York
| – | -$349K | -35,000 | Closed |
|
|
AR
52
Advisory Research
Chicago,
Illinois
| – | -$290K | -29,010 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$279K | -27,991 | Closed |
|
54
Wolverine Trading
Chicago,
Illinois
| – | -$102K | -10,201 | Closed |
|
|
PI
55
PEAK6 Investments
Chicago,
Illinois
| – | -$2K | -156 | Closed |
|
KAHC.U Hedge Fund Activity: Q4 2021 in Review
40 of the 6,498 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 Q4 2021, worth a combined $230M — down 19% from $285M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of KAHC.U and 6 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Citigroup, opening a new position worth an estimated $1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $25M sold.
- 40 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 Q4 2021, down from 50 in Q3 2021.
- Funds reported $230M 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 Q4 2021, down 19% quarter-over-quarter.
- 6 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 Q4 2021 and 15 closed out, a net change of -9 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 Q4 2021 was Citigroup, an estimated $1M 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 Q4 2021 was Citadel Advisors, an estimated $25M sold.
Based on aggregated 13F filings for Q4 2021.