Logistics Innovation Technologies Corp. Units
LITTU
LITTU was delisted on the 15th of June, 2023.
28 hedge funds and large institutions have $153M invested in Logistics Innovation Technologies Corp. Units in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 21 closing their positions.
36% less funds holding
Funds holding: 44 → 28 (-16)
50% less capital invested
Capital invested by funds: $304M → $153M (-$151M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
76% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.99M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$396K |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
+$384K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$230K |
| 5 |
HF
HRT Financial
New York
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$39.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$23.9M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$13.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$13.9M |
| 5 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$9.96M |
LITTU Hedge Fund Activity: Q3 2021 in Review
28 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Logistics Innovation Technologies Corp. Units (LITTU) for Q3 2021, worth a combined $153M — down 50% from $304M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of LITTU and 5 opened new positions — a net loss of 16 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $1.99M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $39.8M sold.
- 28 institutional investors held Logistics Innovation Technologies Corp. Units (LITTU) as of Q3 2021, down from 44 in Q2 2021.
- Funds reported $153M of Logistics Innovation Technologies Corp. Units stock for Q3 2021, down 50% quarter-over-quarter.
- 5 funds opened new Logistics Innovation Technologies Corp. Units positions in Q3 2021 and 21 closed out, a net change of -16 holders.
- The largest Logistics Innovation Technologies Corp. Units buyer in Q3 2021 was Periscope Capital, an estimated $1.99M added.
- The largest Logistics Innovation Technologies Corp. Units seller in Q3 2021 was Guggenheim Capital, an estimated $39.8M sold.
Based on aggregated 13F filings for Q3 2021.