Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant
LATNU
LATNU was delisted on the 27th of September, 2021.
18 hedge funds and large institutions have $62.7M invested in Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
31% less funds holding
Funds holding: 26 → 18 (-8)
40% less capital invested
Capital invested by funds: $105M → $62.7M (-$42.4M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$765K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$525K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$76K |
| 4 |
Walleye Trading
New York
|
+$51K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$8.04M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$6.49M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.11M |
| 4 |
TCM
Tenor Capital Management
New York
|
-$4.08M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
26
Dupont Capital Management
Wilmington,
Delaware
| – | -$510K | -50,000 | Closed |
|
27
Stifel Financial
St. Louis,
Missouri
| – | -$503K | -49,382 | Closed |
|
|
ICM
28
Ionic Capital Management
New York
| – | -$204K | -20,000 | Closed |
|
LATNU Hedge Fund Activity: Q1 2020 in Review
18 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant (LATNU) for Q1 2020, worth a combined $62.7M — down 40% from $105M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LATNU and 3 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Yakira Capital Management, adding an estimated $765K. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $8.04M sold.
- 18 institutional investors held Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant (LATNU) as of Q1 2020, down from 26 in Q4 2019.
- Funds reported $62.7M of Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant stock for Q1 2020, down 40% quarter-over-quarter.
- 3 funds opened new Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant positions in Q1 2020 and 10 closed out, a net change of -7 holders.
- The largest Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant buyer in Q1 2020 was Yakira Capital Management, an estimated $765K added.
- The largest Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant seller in Q1 2020 was Sage Rock Capital Management, an estimated $8.04M sold.
Based on aggregated 13F filings for Q1 2020.