Sierra Lake Acquisition Corp. Class A Common Stock
SIER
SIER was delisted on the 16th of December, 2022.
49 hedge funds and large institutions have $261M invested in Sierra Lake Acquisition Corp. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
42% more capital invested
Capital invested by funds: $184M → $261M (+$77M)
26% more funds holding
Funds holding: 39 → 49 (+10)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$19.1M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$14.7M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$14.4M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$13.8M |
| 5 |
CCM
CAAS Capital Management
New York
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.71M |
| 2 |
ACM
Atalaya Capital Management
New York
|
-$982K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$771K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$141K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$40.2K |
SIER Hedge Fund Activity: Q1 2022 in Review
49 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Sierra Lake Acquisition Corp. Class A Common Stock (SIER) for Q1 2022, worth a combined $261M — up 42% from $184M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SIER positions and 1 closed out — a net gain of 10 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $19.1M. The largest seller was Millennium Management, cutting an estimated $1.71M.
- 49 institutional investors held Sierra Lake Acquisition Corp. Class A Common Stock (SIER) as of Q1 2022, up from 39 in Q4 2021.
- Funds reported $261M of Sierra Lake Acquisition Corp. Class A Common Stock stock for Q1 2022, up 42% quarter-over-quarter.
- 11 funds opened new Sierra Lake Acquisition Corp. Class A Common Stock positions in Q1 2022 and 1 closed out, a net change of +10 holders.
- The largest Sierra Lake Acquisition Corp. Class A Common Stock buyer in Q1 2022 was Aristeia Capital, an estimated $19.1M added.
- The largest Sierra Lake Acquisition Corp. Class A Common Stock seller in Q1 2022 was Millennium Management, an estimated $1.71M sold.
Based on aggregated 13F filings for Q1 2022.