Leo Holdings Corp. II
LHC
LHC was delisted on the 16th of November, 2023.
21 hedge funds and large institutions have $52.6M invested in Leo Holdings Corp. II in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 13 reducing their positions, and 47 closing their positions.
68% less funds holding
Funds holding: 65 → 21 (-44)
85% less capital invested
Capital invested by funds: $354M → $52.6M (-$301M)
91% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 47
92% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.61M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$3.1M |
| 3 |
CCM
CAAS Capital Management
New York
|
+$708K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$16.8K |
| 5 |
Walleye Capital
New York
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$33.4M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$23.1M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$22.6M |
| 4 |
D.E. Shaw & Co
New York
|
-$18.7M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$17.3M |
LHC Hedge Fund Activity: Q1 2023 in Review
21 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Leo Holdings Corp. II (LHC) for Q1 2023, worth a combined $52.6M — down 85% from $354M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of LHC and 4 opened new positions — a net loss of 43 holders — while 13 trimmed existing stakes and 1 added.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $3.61M. The largest seller was Glazer Capital LLC, cutting an estimated $33.4M.
- 21 institutional investors held Leo Holdings Corp. II (LHC) as of Q1 2023, down from 65 in Q4 2022.
- Funds reported $52.6M of Leo Holdings Corp. II stock for Q1 2023, down 85% quarter-over-quarter.
- 4 funds opened new Leo Holdings Corp. II positions in Q1 2023 and 47 closed out, a net change of -43 holders.
- The largest Leo Holdings Corp. II buyer in Q1 2023 was Polar Asset Management Partners, an estimated $3.61M added.
- The largest Leo Holdings Corp. II seller in Q1 2023 was Glazer Capital LLC, an estimated $33.4M sold.
Based on aggregated 13F filings for Q1 2023.