L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede
LNFA.U
LNFA.U was delisted on the 3rd of August, 2022.
19 hedge funds and large institutions have $20.8M invested in L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 34 closing their positions.
61% less funds holding
Funds holding: 49 → 19 (-30)
86% less capital invested
Capital invested by funds: $154M → $20.8M (-$133M)
88% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 34
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$693K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$155K |
| 3 |
JP Morgan Chase
New York
|
+$53.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$11.8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$709 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Corbin Capital Partners
New York
|
-$15.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.02M |
| 3 |
Millennium Management
New York
|
-$8.42M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$6.92M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$6.22M |
LNFA.U Hedge Fund Activity: Q1 2021 in Review
19 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede (LNFA.U) for Q1 2021, worth a combined $20.8M — down 86% from $154M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of LNFA.U and 4 opened new positions — a net loss of 30 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was Paloma Partners, opening a new position worth an estimated $693K. The largest seller was Corbin Capital Partners, exiting entirely with an estimated $15.4M sold.
- 19 institutional investors held L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede (LNFA.U) as of Q1 2021, down from 49 in Q4 2020.
- Funds reported $20.8M of L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede stock for Q1 2021, down 86% quarter-over-quarter.
- 4 funds opened new L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede positions in Q1 2021 and 34 closed out, a net change of -30 holders.
- The largest L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede buyer in Q1 2021 was Paloma Partners, an estimated $693K added.
- The largest L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede seller in Q1 2021 was Corbin Capital Partners, an estimated $15.4M sold.
Based on aggregated 13F filings for Q1 2021.