Lazard Growth Acquisition Corp. I Ordinary Shares
LGAC
LGAC was delisted on the 21st of February, 2023.
102 hedge funds and large institutions have $539M invested in Lazard Growth Acquisition Corp. I Ordinary Shares in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 11 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
6% more capital invested
Capital invested by funds: $506M → $539M (+$32.8M)
2% less funds holding
Funds holding: 104 → 102 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$24.1M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$11.3M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$7.64M |
| 4 |
D.E. Shaw & Co
New York
|
+$7.38M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$6.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Mizuho Markets Americas
New York
|
-$10M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.61M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$7.26M |
| 4 |
KC
Kepos Capital
New York
|
-$5M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$4.96M |
LGAC Hedge Fund Activity: Q4 2022 in Review
102 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Lazard Growth Acquisition Corp. I Ordinary Shares (LGAC) for Q4 2022, worth a combined $539M — up 6.5% from $506M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of LGAC and 9 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Bank of Montreal, adding an estimated $24.1M. The largest seller was Mizuho Markets Americas, cutting an estimated $10M.
- 102 institutional investors held Lazard Growth Acquisition Corp. I Ordinary Shares (LGAC) as of Q4 2022, down from 104 in Q3 2022.
- Funds reported $539M of Lazard Growth Acquisition Corp. I Ordinary Shares stock for Q4 2022, up 6.5% quarter-over-quarter.
- 9 funds opened new Lazard Growth Acquisition Corp. I Ordinary Shares positions in Q4 2022 and 11 closed out, a net change of -2 holders.
- The largest Lazard Growth Acquisition Corp. I Ordinary Shares buyer in Q4 2022 was Bank of Montreal, an estimated $24.1M added.
- The largest Lazard Growth Acquisition Corp. I Ordinary Shares seller in Q4 2022 was Mizuho Markets Americas, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2022.