Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50
LLAP.WS
LLAP.WS was delisted on the 21st of August, 2024.
27 hedge funds and large institutions have $13.4M invested in Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 7 closing their positions.
22% more capital invested
Capital invested by funds: $10.9M → $13.4M (+$2.43M)
16% less funds holding
Funds holding: 32 → 27 (-5)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
+$123K |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$26.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.94K |
| 4 |
Walleye Trading
New York
|
+$4.53K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$2.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$128K |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$79K |
| 3 |
D.E. Shaw & Co
New York
|
-$48.7K |
| 4 |
CAC
Cowen and Company
New York
|
-$23.9K |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$17.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
26
Flow Traders U.S.
New York
| $3K | +$90 | +447 | +4% |
|
|
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $2.6K | +$2.02K | +10,000 | New |
|
|
28
D.E. Shaw & Co
New York
| – | -$48.7K | -487,111 | Closed |
|
|
CAC
29
Cowen and Company
New York
| – | -$23.9K | -239,233 | Closed |
|
|
AGC
30
Angelo Gordon & Co
New York
| – | -$13.5K | -66,666 | Closed |
|
|
CL
31
CSS LLC
Chicago,
Illinois
| – | -$6.38K | -63,850 | Closed |
|
|
RCM
32
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$79K | -50,000 | Closed |
|
|
SFM
33
Soros Fund Management
New York
| – | -$2.68K | -26,822 | Closed |
|
|
DCM
34
Dupont Capital Management
Wilmington,
Delaware
| – | -$1.67K | -16,666 | Closed |
|
LLAP.WS Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 (LLAP.WS) for Q1 2023, worth a combined $13.4M — up 22% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LLAP.WS and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Walleye Capital, adding an estimated $123K. The largest seller was Ionic Capital Management, cutting an estimated $128K.
- 27 institutional investors held Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 (LLAP.WS) as of Q1 2023, down from 32 in Q4 2022.
- Funds reported $13.4M of Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 stock for Q1 2023, up 22% quarter-over-quarter.
- 4 funds opened new Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 positions in Q1 2023 and 7 closed out, a net change of -3 holders.
- The largest Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 buyer in Q1 2023 was Walleye Capital, an estimated $123K added.
- The largest Terran Orbital Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 seller in Q1 2023 was Ionic Capital Management, an estimated $128K sold.
Based on aggregated 13F filings for Q1 2023.