Logistics Innovation Technologies Corp. Units
LITTU
LITTU was delisted on the 15th of June, 2023.
26 hedge funds and large institutions have $108M invested in Logistics Innovation Technologies Corp. Units in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 6 closing their positions.
7% less funds holding
Funds holding: 28 → 26 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
29% less capital invested
Capital invested by funds: $153M → $108M (-$45.1M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$4.02M |
| 2 |
IM
Islet Management
New York
|
+$1.6M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$196K |
| 4 |
Morgan Stanley
New York
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Caprock Group
Boise,
Idaho
|
-$24M |
| 2 |
TP
Third Point
New York
|
-$9.92M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$5.05M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$4.36M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$3.47M |
LITTU Hedge Fund Activity: Q4 2021 in Review
26 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Logistics Innovation Technologies Corp. Units (LITTU) for Q4 2021, worth a combined $108M — down 29% from $153M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LITTU and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 1 added.
The largest buyer was Cresset Asset Management, opening a new position worth an estimated $4.02M. The largest seller was Caprock Group, exiting entirely with an estimated $24M sold.
- 26 institutional investors held Logistics Innovation Technologies Corp. Units (LITTU) as of Q4 2021, down from 28 in Q3 2021.
- Funds reported $108M of Logistics Innovation Technologies Corp. Units stock for Q4 2021, down 29% quarter-over-quarter.
- 5 funds opened new Logistics Innovation Technologies Corp. Units positions in Q4 2021 and 6 closed out, a net change of -1 holder.
- The largest Logistics Innovation Technologies Corp. Units buyer in Q4 2021 was Cresset Asset Management, an estimated $4.02M added.
- The largest Logistics Innovation Technologies Corp. Units seller in Q4 2021 was Caprock Group, an estimated $24M sold.
Based on aggregated 13F filings for Q4 2021.