Chenghe Acquisition I Co. Class A Ordinary Shares
LATG
LATG was delisted on the 15th of January, 2025.
24 hedge funds and large institutions have $52.4M invested in Chenghe Acquisition I Co. Class A Ordinary Shares in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 26 closing their positions.
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
48% less funds holding
Funds holding: 46 → 24 (-22)
60% less capital invested
Capital invested by funds: $130M → $52.4M (-$77.4M)
85% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.47M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.07M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.06M |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$812K |
| 5 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10.8M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$8.65M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.56M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$6.53M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
-$6.35M |
LATG Hedge Fund Activity: Q2 2023 in Review
24 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition I Co. Class A Ordinary Shares (LATG) for Q2 2023, worth a combined $52.4M — down 60% from $130M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of LATG and 4 opened new positions — a net loss of 22 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $3.47M. The largest seller was Saba Capital Management, exiting entirely with an estimated $10.8M sold.
- 24 institutional investors held Chenghe Acquisition I Co. Class A Ordinary Shares (LATG) as of Q2 2023, down from 46 in Q1 2023.
- Funds reported $52.4M of Chenghe Acquisition I Co. Class A Ordinary Shares stock for Q2 2023, down 60% quarter-over-quarter.
- 4 funds opened new Chenghe Acquisition I Co. Class A Ordinary Shares positions in Q2 2023 and 26 closed out, a net change of -22 holders.
- The largest Chenghe Acquisition I Co. Class A Ordinary Shares buyer in Q2 2023 was W.R. Berkley Corp, an estimated $3.47M added.
- The largest Chenghe Acquisition I Co. Class A Ordinary Shares seller in Q2 2023 was Saba Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2023.