Lazard Growth Acquisition Corp. I Units
LGACU
LGACU was delisted on the 17th of February, 2023.
56 hedge funds and large institutions have $173M invested in Lazard Growth Acquisition Corp. I Units in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 65 closing their positions.
52% less funds holding
Funds holding: 117 → 56 (-61)
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
63% less capital invested
Capital invested by funds: $471M → $173M (-$299M)
92% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 65
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.5M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$1.55M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$1.37M |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$847K |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20M |
| 2 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$17.5M |
| 3 |
Millennium Management
New York
|
-$17.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$14M |
| 5 |
Blackstone Inc
New York
|
-$12M |
LGACU Hedge Fund Activity: Q2 2021 in Review
56 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Lazard Growth Acquisition Corp. I Units (LGACU) for Q2 2021, worth a combined $173M — down 63% from $471M a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of LGACU and 5 opened new positions — a net loss of 60 holders — while 18 trimmed existing stakes and 8 added.
The largest buyer was Goldman Sachs, adding an estimated $2.5M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $20M sold.
- 56 institutional investors held Lazard Growth Acquisition Corp. I Units (LGACU) as of Q2 2021, down from 117 in Q1 2021.
- Funds reported $173M of Lazard Growth Acquisition Corp. I Units stock for Q2 2021, down 63% quarter-over-quarter.
- 5 funds opened new Lazard Growth Acquisition Corp. I Units positions in Q2 2021 and 65 closed out, a net change of -60 holders.
- The largest Lazard Growth Acquisition Corp. I Units buyer in Q2 2021 was Goldman Sachs, an estimated $2.5M added.
- The largest Lazard Growth Acquisition Corp. I Units seller in Q2 2021 was Adage Capital Partners, an estimated $20M sold.
Based on aggregated 13F filings for Q2 2021.