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LLAP

Terran Orbital Corporation

Delisted

LLAP was delisted on the 29th of October, 2024.

22 hedge funds and large institutions have $301M invested in Terran Orbital Corporation in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

7% less capital invested

Capital invested by funds: $324M → $301M (-$23.1M)

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

69% less funds holding

Funds holding: 7122 (-49)

78% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 63

Holders
22
Holders Change
-49
Holders Change %
-69.01%
% of All Funds
0.35%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
14
Increased
2
Reduced
5
Closed
63
Calls
$957K
Puts
Net Calls
+$957K
Net Calls Change
+$15K
Name Holding Trade Value Shares
Change
Change in
Stake
LA
51
Linden Advisors
New York
-$3.96M -400,000 Closed
JP Morgan Chase
52
JP Morgan Chase
New York
-$3.26M -330,000 Closed
DCM
53
Difesa Capital Management
New York
-$3.24M -327,834 Closed
RCM
54
Radcliffe Capital Management
Pennsylvania
-$2.97M -300,000 Closed
SCC
55
Spring Creek Capital
Kansas
-$2.88M -291,619 Closed
WP
56
Woodline Partners
California
-$2.23M -225,000 Closed
FTCM
57
First Trust Capital Management
Illinois
-$2.2M -222,746 Closed
AGC
58
Angelo Gordon & Co
New York
-$1.98M -200,000 Closed
PF
59
Phoenix Financial
Israel
-$1.98M -200,000 Closed
WA
60
Whitebox Advisors
Minnesota
-$1.96M -198,400 Closed
RL
61
RPO LLC
Connecticut
-$1.87M -189,312 Closed
SSA
62
Schonfeld Strategic Advisors
New York
-$1.53M -154,468 Closed
SCM
63
Segantii Capital Management
Hong Kong
-$1.48M -150,000 Closed
Capstone Investment Advisors
64
Capstone Investment Advisors
New York
-$1.48M -149,506 Closed
SAMU
65
SONA Asset Management (US)
New York
-$1.41M -142,500 Closed
CL
66
CSS LLC
Illinois
-$1.29M -130,293 Closed
CCM
67
Context Capital Management
California
-$1.15M -116,414 Closed
PP
68
Paloma Partners
Connecticut
-$1.06M -107,500 Closed
CIM
69
Cowen Investment Management
New York
-$989K -100,000 Closed
BCM
70
Bluefin Capital Management
New York
-$940K -95,000 Closed
CM
71
Cohanzick Management
New York
-$749K -75,750 Closed
KCM
72
Kawa Capital Management
Florida
-$619K -62,595 Closed
OAC
73
OMERS Administration Corp
Ontario, Canada
-$518K -52,398 Closed
BI
74
Bulldog Investors
New Jersey
-$507K -51,249 Closed
AA
75
AQR Arbitrage
Connecticut
-$476K -48,150 Closed

LLAP Hedge Fund Activity: Q1 2022 in Review

22 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Terran Orbital Corporation (LLAP) for Q1 2022, worth a combined $301M — down 7.1% from $324M a quarter earlier.

Sellers outnumbered buyers: 63 funds closed out of LLAP and 14 opened new positions — a net loss of 49 holders — while 5 trimmed existing stakes and 2 added.

The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $223M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $20.2M sold.

  • 22 institutional investors held Terran Orbital Corporation (LLAP) as of Q1 2022, down from 71 in Q4 2021.
  • Funds reported $301M of Terran Orbital Corporation stock for Q1 2022, down 7.1% quarter-over-quarter.
  • 14 funds opened new Terran Orbital Corporation positions in Q1 2022 and 63 closed out, a net change of -49 holders.
  • The largest Terran Orbital Corporation buyer in Q1 2022 was Beach Point Capital Management, an estimated $223M added.
  • The largest Terran Orbital Corporation seller in Q1 2022 was Glazer Capital LLC, an estimated $20.2M sold.

Based on aggregated 13F filings for Q1 2022.