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.
39 hedge funds and large institutions have $66.4M invested in Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 19 closing their positions.
30% less funds holding
Funds holding: 56 → 39 (-17)
54% less capital invested
Capital invested by funds: $146M → $66.4M (-$79.1M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$218K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$138K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$55K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$52.9K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$19.6M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$17M |
| 3 |
Millennium Management
New York
|
-$11.5M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.76M |
LHC.U Hedge Fund Activity: Q2 2021 in Review
39 of the 5,767 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 2021, worth a combined $66.4M — down 54% from $146M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LHC.U and 3 opened new positions — a net loss of 16 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was State of Wisconsin Investment Board, adding an estimated $218K. The largest seller was Aristeia Capital, exiting entirely with an estimated $19.6M sold.
- 39 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 2021, down from 56 in Q1 2021.
- Funds reported $66.4M of Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant stock for Q2 2021, down 54% quarter-over-quarter.
- 3 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 2021 and 19 closed out, a net change of -16 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 2021 was State of Wisconsin Investment Board, an estimated $218K 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 2021 was Aristeia Capital, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2021.