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.
14 hedge funds and large institutions have $10M invested in L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 8 closing their positions.
26% less funds holding
Funds holding: 19 → 14 (-5)
52% less capital invested
Capital invested by funds: $20.8M → $10M (-$10.8M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$497K |
| 2 |
VF
Virtu Financial
New York
|
+$104K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.68K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$82 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$4.49M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$4.33M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.09M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$657K |
| 5 |
Millennium Management
New York
|
-$470K |
LNFA.U Hedge Fund Activity: Q2 2021 in Review
14 of the 5,767 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 Q2 2021, worth a combined $10M — down 52% from $20.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LNFA.U and 3 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $497K. The largest seller was Glazer Capital LLC, cutting an estimated $4.49M.
- 14 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 Q2 2021, down from 19 in Q1 2021.
- Funds reported $10M of L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede stock for Q2 2021, down 52% quarter-over-quarter.
- 3 funds opened new L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede positions in Q2 2021 and 8 closed out, a net change of -5 holders.
- The largest L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede buyer in Q2 2021 was Landscape Capital Management, an estimated $497K added.
- The largest L&F Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one rede seller in Q2 2021 was Glazer Capital LLC, an estimated $4.49M sold.
Based on aggregated 13F filings for Q2 2021.