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.
18 hedge funds and large institutions have $13.3M invested in Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 14 closing their positions.
40% less funds holding
Funds holding: 30 → 18 (-12)
43% less capital invested
Capital invested by funds: $23.4M → $13.3M (-$10.1M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$95.1K |
| 2 |
CS
Clear Street
New York
|
+$29.8K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$2.95M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.86M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.32M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.28M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$677K |
LHC.U Hedge Fund Activity: Q3 2022 in Review
18 of the 5,828 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 Q3 2022, worth a combined $13.3M — down 43% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LHC.U and 2 opened new positions — a net loss of 12 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $95.1K. The largest seller was HSBC Holdings, exiting entirely with an estimated $2.95M sold.
- 18 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 Q3 2022, down from 30 in Q2 2022.
- Funds reported $13.3M of Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant stock for Q3 2022, down 43% 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 Q3 2022 and 14 closed out, a net change of -12 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 Q3 2022 was Cubist Systematic Strategies, an estimated $95.1K 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 Q3 2022 was HSBC Holdings, an estimated $2.95M sold.
Based on aggregated 13F filings for Q3 2022.