Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red
LIII.U
LIII.U was delisted on the 18th of November, 2021.
38 hedge funds and large institutions have $48.7M invested in Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 16 reducing their positions, and 54 closing their positions.
58% less funds holding
Funds holding: 90 → 38 (-52)
75% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 16
80% less capital invested
Capital invested by funds: $250M → $48.7M (-$201M)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 54
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$246K |
| 2 |
Walleye Capital
New York
|
+$156K |
| 3 |
Jane Street
New York
|
+$151K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$67.9K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$54.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$20.4M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$9.99M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$9.8M |
| 4 |
SC
Sculptor Capital
New York
|
-$8.24M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.55M |
LIII.U Hedge Fund Activity: Q2 2021 in Review
38 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red (LIII.U) for Q2 2021, worth a combined $48.7M — down 80% from $250M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of LIII.U and 2 opened new positions — a net loss of 52 holders — while 16 trimmed existing stakes and 4 added.
The largest buyer was Rockefeller Capital Management, opening a new position worth an estimated $246K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $20.4M sold.
- 38 institutional investors held Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red (LIII.U) as of Q2 2021, down from 90 in Q1 2021.
- Funds reported $48.7M of Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red stock for Q2 2021, down 80% quarter-over-quarter.
- 2 funds opened new Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red positions in Q2 2021 and 54 closed out, a net change of -52 holders.
- The largest Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red buyer in Q2 2021 was Rockefeller Capital Management, an estimated $246K added.
- The largest Leo Holdings III Corp Units, each consisting of one Class A ordinary share, and one-fifth of one red seller in Q2 2021 was Glazer Capital LLC, an estimated $20.4M sold.
Based on aggregated 13F filings for Q2 2021.