LightWave Acquisition Corp
LWAC
57 hedge funds and large institutions have $194M invested in LightWave Acquisition Corp in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
8% more funds holding
Funds holding: 53 → 57 (+4)
6% more capital invested
Capital invested by funds: $184M → $194M (+$10.4M)
3.54% more ownership
Funds ownership: 82.67% → 86.21% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.22M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.61M |
| 3 |
SAMU
SONA Asset Management (US)
New York
|
+$2.01M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.52M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$7.04M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.53M |
| 3 |
CS
Clear Street
New York
|
-$1.43M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$550K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
51
Heights Capital Management
San Francisco,
California
| $510K | – | – | – |
|
|
AA
52
ABC Arbitrage
Paris,
France
| $357K | – | – | – |
|
|
QL
53
Quarry LP
New York
| $249K | – | – | – |
|
|
RC
54
RLH Capital
Great Neck,
New York
| $249K | +$248K | +24,500 | New |
|
55
Geode Capital Management
Boston,
Massachusetts
| $182K | +$181K | +17,873 | New |
|
|
PCM
56
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| $103K | – | – | – |
|
57
Morgan Stanley
New York
| $719 | +$121 | +12 | +20% |
|
|
58
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$7.04M | -700,000 | Closed |
|
|
GF
59
Gabelli Funds
Rye,
New York
| – | -$447K | -44,600 | Closed |
|
|
VF
60
Virtu Financial
New York
| – | -$447K | -44,454 | Closed |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$137K | -13,686 | Closed |
|
LWAC Hedge Fund Activity: Q1 2026 in Review
57 of the 8,150 institutional investors tracked by Wall St. Rank reported a position in LightWave Acquisition Corp (LWAC) for Q1 2026, worth a combined $194M — up 5.6% from $184M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new LWAC positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $5.22M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $7.04M sold.
- 57 institutional investors held LightWave Acquisition Corp (LWAC) as of Q1 2026, up from 53 in Q4 2025.
- Funds reported $194M of LightWave Acquisition Corp stock for Q1 2026, up 5.6% quarter-over-quarter.
- 8 funds opened new LightWave Acquisition Corp positions in Q1 2026 and 4 closed out, a net change of +4 holders.
- The largest LightWave Acquisition Corp buyer in Q1 2026 was Karpus Investment Management, an estimated $5.22M added.
- The largest LightWave Acquisition Corp seller in Q1 2026 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $7.04M sold.
Based on aggregated 13F filings for Q1 2026.