Lefteris Acquisition Corp. Unit
LFTRU
LFTRU was delisted on the 24th of October, 2022.
25 hedge funds and large institutions have $29.4M invested in Lefteris Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 31 closing their positions.
50% less funds holding
Funds holding: 50 → 25 (-25)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
79% less capital invested
Capital invested by funds: $139M → $29.4M (-$109M)
81% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.32M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$557K |
| 3 |
VF
Virtu Financial
New York
|
+$192K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$150K |
| 5 |
HF
HRT Financial
New York
|
+$43.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.48M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.21M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$9.21M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8.94M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$7.63M |
LFTRU Hedge Fund Activity: Q1 2021 in Review
25 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Lefteris Acquisition Corp. Unit (LFTRU) for Q1 2021, worth a combined $29.4M — down 79% from $139M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of LFTRU and 6 opened new positions — a net loss of 25 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $1.32M. The largest seller was Millennium Management, exiting entirely with an estimated $9.48M sold.
- 25 institutional investors held Lefteris Acquisition Corp. Unit (LFTRU) as of Q1 2021, down from 50 in Q4 2020.
- Funds reported $29.4M of Lefteris Acquisition Corp. Unit stock for Q1 2021, down 79% quarter-over-quarter.
- 6 funds opened new Lefteris Acquisition Corp. Unit positions in Q1 2021 and 31 closed out, a net change of -25 holders.
- The largest Lefteris Acquisition Corp. Unit buyer in Q1 2021 was Wellington Management Group, an estimated $1.32M added.
- The largest Lefteris Acquisition Corp. Unit seller in Q1 2021 was Millennium Management, an estimated $9.48M sold.
Based on aggregated 13F filings for Q1 2021.