LightWave Acquisition Corp Units
LWACU
28 hedge funds and large institutions have $73.5M invested in LightWave Acquisition Corp Units in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 40 closing their positions.
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
58% less funds holding
Funds holding: 66 → 28 (-38)
60.94% less ownership
Funds ownership: 98.84% → 37.91% (-61%)
62% less capital invested
Capital invested by funds: $192M → $73.5M (-$118M)
95% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$2.76M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.21M |
| 3 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$1M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$771K |
| 5 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$14.1M |
| 2 |
TCM
Tenor Capital Management
New York
|
-$10.1M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$8.04M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$7.04M |
| 5 |
LA
Linden Advisors
New York
|
-$7.04M |
LWACU Hedge Fund Activity: Q3 2025 in Review
28 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in LightWave Acquisition Corp Units (LWACU) for Q3 2025, worth a combined $73.5M — down 62% from $192M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of LWACU and 2 opened new positions — a net loss of 38 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was OMERS Administration Corp, adding an estimated $2.76M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $14.1M sold.
- 28 institutional investors held LightWave Acquisition Corp Units (LWACU) as of Q3 2025, down from 66 in Q2 2025.
- Funds reported $73.5M of LightWave Acquisition Corp Units stock for Q3 2025, down 62% quarter-over-quarter.
- 2 funds opened new LightWave Acquisition Corp Units positions in Q3 2025 and 40 closed out, a net change of -38 holders.
- The largest LightWave Acquisition Corp Units buyer in Q3 2025 was OMERS Administration Corp, an estimated $2.76M added.
- The largest LightWave Acquisition Corp Units seller in Q3 2025 was AQR Arbitrage, an estimated $14.1M sold.
Based on aggregated 13F filings for Q3 2025.