Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
LEAP.U was delisted on the 12th of August, 2022.
22 hedge funds and large institutions have $103M invested in Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
16% more funds holding
Funds holding: 19 → 22 (+3)
13% less capital invested
Capital invested by funds: $118M → $103M (-$15.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$1M |
| 2 |
VF
Virtu Financial
New York
|
+$862K |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$810K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$799K |
| 5 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$796K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
JS Capital Management
New York
|
-$5.16M |
| 2 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$4.74M |
| 3 |
Bank of New York Mellon
New York
|
-$4.7M |
| 4 |
PBCM
Point Break Capital Management
Miami,
Florida
|
-$3.84M |
| 5 |
Morgan Stanley
New York
|
-$729K |
LEAP.U Hedge Fund Activity: Q1 2022 in Review
22 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant (LEAP.U) for Q1 2022, worth a combined $103M — down 13% from $118M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LEAP.U positions and 4 closed out — a net gain of 3 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was CSS LLC, opening a new position worth an estimated $1M. The largest seller was JS Capital Management, exiting entirely with an estimated $5.16M sold.
- 22 institutional investors held Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant (LEAP.U) as of Q1 2022, up from 19 in Q4 2021.
- Funds reported $103M of Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant stock for Q1 2022, down 13% quarter-over-quarter.
- 7 funds opened new Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant positions in Q1 2022 and 4 closed out, a net change of +3 holders.
- The largest Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant buyer in Q1 2022 was CSS LLC, an estimated $1M added.
- The largest Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant seller in Q1 2022 was JS Capital Management, an estimated $5.16M sold.
Based on aggregated 13F filings for Q1 2022.