Lazard Growth Acquisition Corp. I Units
LGACU
LGACU was delisted on the 17th of February, 2023.
54 hedge funds and large institutions have $129M invested in Lazard Growth Acquisition Corp. I Units in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 8 closing their positions.
4% less funds holding
Funds holding: 56 → 54 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
25% less capital invested
Capital invested by funds: $173M → $129M (-$43.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3.96M |
| 2 |
JP Morgan Chase
New York
|
+$2.48M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$2.08M |
| 4 |
PCM
Prelude Capital Management
New York
|
+$1.85M |
| 5 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TOMS Capital Investment Management
New York
|
-$10M |
| 2 |
Millennium Management
New York
|
-$9.65M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$7.49M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.95M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$5.23M |
LGACU Hedge Fund Activity: Q3 2021 in Review
54 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Lazard Growth Acquisition Corp. I Units (LGACU) for Q3 2021, worth a combined $129M — down 25% from $173M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LGACU and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 10 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $3.96M. The largest seller was TOMS Capital Investment Management, exiting entirely with an estimated $10M sold.
- 54 institutional investors held Lazard Growth Acquisition Corp. I Units (LGACU) as of Q3 2021, down from 56 in Q2 2021.
- Funds reported $129M of Lazard Growth Acquisition Corp. I Units stock for Q3 2021, down 25% quarter-over-quarter.
- 7 funds opened new Lazard Growth Acquisition Corp. I Units positions in Q3 2021 and 8 closed out, a net change of -1 holder.
- The largest Lazard Growth Acquisition Corp. I Units buyer in Q3 2021 was Cowen and Company, an estimated $3.96M added.
- The largest Lazard Growth Acquisition Corp. I Units seller in Q3 2021 was TOMS Capital Investment Management, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2021.