LightWave Acquisition Corp
LWAC
53 hedge funds and large institutions have $184M invested in LightWave Acquisition Corp in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 1 closing their positions.
1,800% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 1
47% more funds holding
Funds holding: 36 → 53 (+17)
38% more capital invested
Capital invested by funds: $133M → $184M (+$51.1M)
22.47% more ownership
Funds ownership: 60.2% → 82.67% (+22%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$10.3M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$8.24M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$7.54M |
| 4 |
Millennium Management
New York
|
+$5.53M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$4.53M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.37M |
| 3 |
VF
Virtu Financial
New York
|
-$2.69M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$1.27M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $137K | -$11.1K | -1,107 | -7% |
|
|
PCM
52
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| $102K | +$102K | +10,196 | New |
|
53
Morgan Stanley
New York
| $592 | +$593 | +59 | New |
|
|
BFM
54
Boothbay Fund Management
New York
| – | -$866K | -87,000 | Closed |
|
LWAC Hedge Fund Activity: Q4 2025 in Review
53 of the 8,256 institutional investors tracked by Wall St. Rank reported a position in LightWave Acquisition Corp (LWAC) for Q4 2025, worth a combined $184M — up 38% from $133M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LWAC positions and 1 closed out — a net gain of 18 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $10.3M. The largest seller was Toronto Dominion Bank, cutting an estimated $4.53M.
- 53 institutional investors held LightWave Acquisition Corp (LWAC) as of Q4 2025, up from 36 in Q3 2025.
- Funds reported $184M of LightWave Acquisition Corp stock for Q4 2025, up 38% quarter-over-quarter.
- 19 funds opened new LightWave Acquisition Corp positions in Q4 2025 and 1 closed out, a net change of +18 holders.
- The largest LightWave Acquisition Corp buyer in Q4 2025 was Magnetar Financial, an estimated $10.3M added.
- The largest LightWave Acquisition Corp seller in Q4 2025 was Toronto Dominion Bank, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2025.