Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant
LATNU
LATNU was delisted on the 27th of September, 2021.
12 hedge funds and large institutions have $31.3M invested in Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 5 closing their positions.
20% less funds holding
Funds holding: 15 → 12 (-3)
22% less capital invested
Capital invested by funds: $40.1M → $31.3M (-$8.77M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
+$516K |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$313K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.63M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.82M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.53M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$1.29M |
| 5 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.02M |
LATNU Hedge Fund Activity: Q3 2020 in Review
12 of the 4,956 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 Q3 2020, worth a combined $31.3M — down 22% from $40.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LATNU and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Centiva Capital, opening a new position worth an estimated $516K. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $3.63M sold.
- 12 institutional investors held Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant (LATNU) as of Q3 2020, down from 15 in Q2 2020.
- Funds reported $31.3M of Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant stock for Q3 2020, down 22% quarter-over-quarter.
- 2 funds opened new Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant positions in Q3 2020 and 5 closed out, a net change of -3 holders.
- The largest Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant buyer in Q3 2020 was Centiva Capital, an estimated $516K added.
- The largest Union Acquisition Corp. II Units containing one ordinary share and one redeemable warrant seller in Q3 2020 was Hudson Bay Capital Management, an estimated $3.63M sold.
Based on aggregated 13F filings for Q3 2020.