Chenghe Acquisition I Co. Class A Ordinary Shares
LATG
LATG was delisted on the 15th of January, 2025.
18 hedge funds and large institutions have $40.4M invested in Chenghe Acquisition I Co. Class A Ordinary Shares in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
21% less capital invested
Capital invested by funds: $51.3M → $40.4M (-$11M)
25% less funds holding
Funds holding: 24 → 18 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$4.63M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$3.86M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$452K |
| 4 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$200K |
| 5 |
CS
Clear Street
New York
|
+$13.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.34M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$5.15M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$3.71M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$2.57M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$2.13M |
LATG Hedge Fund Activity: Q3 2023 in Review
18 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition I Co. Class A Ordinary Shares (LATG) for Q3 2023, worth a combined $40.4M — down 21% from $51.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LATG and 1 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was First Trust Capital Management, adding an estimated $4.63M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $5.34M sold.
- 18 institutional investors held Chenghe Acquisition I Co. Class A Ordinary Shares (LATG) as of Q3 2023, down from 24 in Q2 2023.
- Funds reported $40.4M of Chenghe Acquisition I Co. Class A Ordinary Shares stock for Q3 2023, down 21% quarter-over-quarter.
- 1 fund opened new Chenghe Acquisition I Co. Class A Ordinary Shares positions in Q3 2023 and 7 closed out, a net change of -6 holders.
- The largest Chenghe Acquisition I Co. Class A Ordinary Shares buyer in Q3 2023 was First Trust Capital Management, an estimated $4.63M added.
- The largest Chenghe Acquisition I Co. Class A Ordinary Shares seller in Q3 2023 was Polar Asset Management Partners, an estimated $5.34M sold.
Based on aggregated 13F filings for Q3 2023.