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.
50 hedge funds and large institutions have $285M 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 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 30 closing their positions.
33% less funds holding
Funds holding: 75 → 50 (-25)
38% less capital invested
Capital invested by funds: $461M → $285M (-$176M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
83% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.03M |
| 2 |
JP Morgan Chase
New York
|
+$1.04M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$566K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$302K |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$50.2M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$39.2M |
| 3 |
Millennium Management
New York
|
-$31.5M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$20.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$301K | -30,000 | Closed |
|
|
CCM
77
CAAS Capital Management
New York
| – | -$259K | -25,816 | Closed |
|
78
State Street
Boston,
Massachusetts
| – | -$217K | -21,577 | Closed |
|
|
KC
79
KCL Capital
New York
| – | -$201K | -20,000 | Closed |
|
80
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$110K | -11,000 | Closed |
|
KAHC.U Hedge Fund Activity: Q3 2021 in Review
50 of the 5,712 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 Q3 2021, worth a combined $285M — down 38% from $461M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of KAHC.U and 5 opened new positions — a net loss of 25 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $5.03M. The largest seller was Security Benefit Life Insurance Company, exiting entirely with an estimated $50.2M sold.
- 50 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 Q3 2021, down from 75 in Q2 2021.
- Funds reported $285M 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 Q3 2021, down 38% quarter-over-quarter.
- 5 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 Q3 2021 and 30 closed out, a net change of -25 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 Q3 2021 was Westchester Capital Management (New York), an estimated $5.03M 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 Q3 2021 was Security Benefit Life Insurance Company, an estimated $50.2M sold.
Based on aggregated 13F filings for Q3 2021.