Chenghe Acquisition I Co. Unit
LATGU
LATGU was delisted on the 15th of January, 2025.
3 hedge funds and large institutions have $1.7M invested in Chenghe Acquisition I Co. Unit in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 8 closing their positions.
66% less capital invested
Capital invested by funds: $4.95M → $1.7M (-$3.25M)
67% less funds holding
Funds holding: 9 → 3 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$1.06M |
| 2 |
VF
Virtu Financial
New York
|
+$399K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.05M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.04M |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$874K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$349K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Clear Street
New York
| $1.06M | +$1.06M | +101,707 | New |
|
|
VF
2
Virtu Financial
New York
| $403K | +$399K | +38,400 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $233K | +$125K | +12,022 | +118% |
|
|
HIM
4
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$2.05M | -200,000 | Closed |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.04M | -100,795 | Closed |
|
|
SIA
6
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$874K | -85,170 | Closed |
|
|
WC
7
Wealthspring Capital
West Harrison,
New York
| – | -$349K | -34,000 | Closed |
|
|
CCM
8
Condor Capital Management
Martinsville,
New Jersey
| – | -$242K | -23,580 | Closed |
|
|
GCL
9
Glazer Capital LLC
New York
| – | -$148K | -14,400 | Closed |
|
|
CSS
10
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$130K | -12,642 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$13K | -1,265 | Closed |
|
LATGU Hedge Fund Activity: Q1 2023 in Review
3 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Chenghe Acquisition I Co. Unit (LATGU) for Q1 2023, worth a combined $1.7M — down 66% from $4.95M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LATGU and 2 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $1.06M. The largest seller was HGC Investment Management, exiting entirely with an estimated $2.05M sold.
- 3 institutional investors held Chenghe Acquisition I Co. Unit (LATGU) as of Q1 2023, down from 9 in Q4 2022.
- Funds reported $1.7M of Chenghe Acquisition I Co. Unit stock for Q1 2023, down 66% quarter-over-quarter.
- 2 funds opened new Chenghe Acquisition I Co. Unit positions in Q1 2023 and 8 closed out, a net change of -6 holders.
- The largest Chenghe Acquisition I Co. Unit buyer in Q1 2023 was Clear Street, an estimated $1.06M added.
- The largest Chenghe Acquisition I Co. Unit seller in Q1 2023 was HGC Investment Management, an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2023.