Terran Orbital Corporation
LLAP
LLAP was delisted on the 29th of October, 2024.
108 hedge funds and large institutions have $64.7M invested in Terran Orbital Corporation in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
187% more call options, than puts
Call options by funds: $496K | Put options by funds: $173K
52% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 23
26% more funds holding
Funds holding: 86 → 108 (+22)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
45% less capital invested
Capital invested by funds: $118M → $64.7M (-$53.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$2.7M |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$919K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$442K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$393K |
| 5 |
GC
Gratia Capital
Los Angeles,
California
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$4.39M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.18M |
| 3 |
LCGC
Legacy Capital Group California
Los Gatos,
California
|
-$785K |
| 4 |
SSW
Stone Summit Wealth
Miami,
Florida
|
-$748K |
| 5 |
RA
Royce & Associates
New York
|
-$476K |
LLAP Hedge Fund Activity: Q3 2023 in Review
108 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Terran Orbital Corporation (LLAP) for Q3 2023, worth a combined $64.7M — down 45% from $118M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new LLAP positions and 8 closed out — a net gain of 22 holders — while 35 added to existing stakes and 23 trimmed.
The largest buyer was Armistice Capital, adding an estimated $2.7M. The largest seller was Beach Point Capital Management, cutting an estimated $4.39M.
- 108 institutional investors held Terran Orbital Corporation (LLAP) as of Q3 2023, up from 86 in Q2 2023.
- Funds reported $64.7M of Terran Orbital Corporation stock for Q3 2023, down 45% quarter-over-quarter.
- 30 funds opened new Terran Orbital Corporation positions in Q3 2023 and 8 closed out, a net change of +22 holders.
- The largest Terran Orbital Corporation buyer in Q3 2023 was Armistice Capital, an estimated $2.7M added.
- The largest Terran Orbital Corporation seller in Q3 2023 was Beach Point Capital Management, an estimated $4.39M sold.
Based on aggregated 13F filings for Q3 2023.