Lazard Growth Acquisition Corp. I Ordinary Shares
LGAC
LGAC was delisted on the 21st of February, 2023.
104 hedge funds and large institutions have $506M invested in Lazard Growth Acquisition Corp. I Ordinary Shares in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 14 reducing their positions, and 15 closing their positions.
121% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 14
7% more capital invested
Capital invested by funds: $472M → $506M (+$34.1M)
3% less funds holding
Funds holding: 107 → 104 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Mizuho Markets Americas
New York
|
+$14.9M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.07M |
| 3 |
SCM
Saba Capital Management
New York
|
+$7.97M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$7.65M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$12.3M |
| 2 |
D.E. Shaw & Co
New York
|
-$11.6M |
| 3 |
CF
Cantor Fitzgerald
New York
|
-$8.5M |
| 4 |
Goldman Sachs
New York
|
-$4.99M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.9M |
LGAC Hedge Fund Activity: Q3 2022 in Review
104 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Lazard Growth Acquisition Corp. I Ordinary Shares (LGAC) for Q3 2022, worth a combined $506M — up 7.2% from $472M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of LGAC and 13 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 31 added.
The largest buyer was Mizuho Markets Americas, opening a new position worth an estimated $14.9M. The largest seller was Eisler Capital (UK), exiting entirely with an estimated $12.3M sold.
- 104 institutional investors held Lazard Growth Acquisition Corp. I Ordinary Shares (LGAC) as of Q3 2022, down from 107 in Q2 2022.
- Funds reported $506M of Lazard Growth Acquisition Corp. I Ordinary Shares stock for Q3 2022, up 7.2% quarter-over-quarter.
- 13 funds opened new Lazard Growth Acquisition Corp. I Ordinary Shares positions in Q3 2022 and 15 closed out, a net change of -2 holders.
- The largest Lazard Growth Acquisition Corp. I Ordinary Shares buyer in Q3 2022 was Mizuho Markets Americas, an estimated $14.9M added.
- The largest Lazard Growth Acquisition Corp. I Ordinary Shares seller in Q3 2022 was Eisler Capital (UK), an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2022.