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.
30 hedge funds and large institutions have $27M invested in Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
6% less funds holding
Funds holding: 32 → 30 (-2)
15% less capital invested
Capital invested by funds: $31.7M → $27M (-$4.77M)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$4.93M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$678K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$185K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$140K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$15.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.54M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.3M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.49M |
| 5 |
TAL
TIG Advisors LLC
New York
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $10K | -$15.1K | -1,533 | -61% |
|
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | -$1.49M | -150,829 | -100% |
|
|
MF
28
Magnetar Financial
Evanston,
Illinois
| $1.32K | -$2.3M | -232,900 | -63% |
|
|
29
Goldman Sachs
New York
| – | -$2.54M | -258,084 | Closed |
|
|
CL
30
CSS LLC
Chicago,
Illinois
| – | -$1.5M | -152,455 | Closed |
|
|
RA
31
Ramius Advisors
New York
| – | -$99K | -10,100 | Closed |
|
|
CS
32
Clear Street
New York
| – | -$24K | -2,400 | Closed |
|
LHC.U Hedge Fund Activity: Q2 2022 in Review
30 of the 5,936 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 2022, worth a combined $27M — down 15% from $31.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LHC.U and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was HGC Investment Management, adding an estimated $4.93M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.54M sold.
- 30 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 2022, down from 32 in Q1 2022.
- Funds reported $27M of Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant stock for Q2 2022, down 15% quarter-over-quarter.
- 2 funds 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 2022 and 4 closed out, a net change of -2 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 2022 was HGC Investment Management, an estimated $4.93M 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 2022 was Goldman Sachs, an estimated $2.54M sold.
Based on aggregated 13F filings for Q2 2022.