Lazard Growth Acquisition Corp. I Ordinary Shares
LGAC
LGAC was delisted on the 21st of February, 2023.
96 hedge funds and large institutions have $350M invested in Lazard Growth Acquisition Corp. I Ordinary Shares in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 6 reducing their positions, and 5 closing their positions.
280% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 5
233% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 6
17% more capital invested
Capital invested by funds: $298M → $350M (+$51.5M)
17% more funds holding
Funds holding: 82 → 96 (+14)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$7.71M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$4.95M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$4.41M |
| 4 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
+$4.06M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
-$7.33M |
| 2 |
PCM
Prelude Capital Management
New York
|
-$1.79M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$600K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$505K |
| 5 |
DAM
DLD Asset Management
New York
|
-$489K |
LGAC Hedge Fund Activity: Q3 2021 in Review
96 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Lazard Growth Acquisition Corp. I Ordinary Shares (LGAC) for Q3 2021, worth a combined $350M — up 17% from $298M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LGAC positions and 5 closed out — a net gain of 14 holders — while 20 added to existing stakes and 6 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $7.71M. The largest seller was Cowen and Company, exiting entirely with an estimated $7.33M sold.
- 96 institutional investors held Lazard Growth Acquisition Corp. I Ordinary Shares (LGAC) as of Q3 2021, up from 82 in Q2 2021.
- Funds reported $350M of Lazard Growth Acquisition Corp. I Ordinary Shares stock for Q3 2021, up 17% quarter-over-quarter.
- 19 funds opened new Lazard Growth Acquisition Corp. I Ordinary Shares positions in Q3 2021 and 5 closed out, a net change of +14 holders.
- The largest Lazard Growth Acquisition Corp. I Ordinary Shares buyer in Q3 2021 was Citadel Advisors, an estimated $7.71M added.
- The largest Lazard Growth Acquisition Corp. I Ordinary Shares seller in Q3 2021 was Cowen and Company, an estimated $7.33M sold.
Based on aggregated 13F filings for Q3 2021.