Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant
LHC.U
LHC.U was delisted on the 10th of November, 2023.
27 hedge funds and large institutions have $105M invested in Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 5 closing their positions.
13% less funds holding
Funds holding: 31 → 27 (-4)
44% less capital invested
Capital invested by funds: $187M → $105M (-$82.4M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Trading
New York
|
+$257K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$61.9K |
| 3 |
Citigroup
New York
|
+$4.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$24.8M |
| 2 |
GL
Governors Lane
New York
|
-$15M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$9.79M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.33M |
| 5 |
AGC
Angelo Gordon & Co
New York
|
-$8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $50K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $15K | – | – | – |
|
|
AA
28
AQR Arbitrage
Greenwich,
Connecticut
| – | -$24.8M | -2,480,000 | Closed |
|
|
GL
29
Governors Lane
New York
| – | -$15M | -1,500,000 | Closed |
|
|
AGC
30
Angelo Gordon & Co
New York
| – | -$8M | -800,000 | Closed |
|
|
HI
31
HBK Investments
Dallas,
Texas
| – | -$5M | -500,000 | Closed |
|
|
MIM
32
Monashee Investment Management
Boston,
Massachusetts
| – | -$1.5M | -150,000 | Closed |
|
LHC.U Hedge Fund Activity: Q2 2018 in Review
27 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant (LHC.U) for Q2 2018, worth a combined $105M — down 44% from $187M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LHC.U and 1 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Walleye Trading, opening a new position worth an estimated $257K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $24.8M sold.
- 27 institutional investors held Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant (LHC.U) as of Q2 2018, down from 31 in Q1 2018.
- Funds reported $105M of Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant stock for Q2 2018, down 44% quarter-over-quarter.
- 1 fund opened new Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant positions in Q2 2018 and 5 closed out, a net change of -4 holders.
- The largest Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant buyer in Q2 2018 was Walleye Trading, an estimated $257K added.
- The largest Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant seller in Q2 2018 was AQR Arbitrage, an estimated $24.8M sold.
Based on aggregated 13F filings for Q2 2018.