Sierra Lake Acquisition Corp. Unit
SIERU
SIERU was delisted on the 7th of December, 2022.
11 hedge funds and large institutions have $27.7M invested in Sierra Lake Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 9 closing their positions.
39% less funds holding
Funds holding: 18 → 11 (-7)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
70% less capital invested
Capital invested by funds: $92.1M → $27.7M (-$64.5M)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$1.49M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$120K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$13.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$19.4M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$15M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$13M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$7.72M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.49M |
SIERU Hedge Fund Activity: Q1 2022 in Review
11 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Sierra Lake Acquisition Corp. Unit (SIERU) for Q1 2022, worth a combined $27.7M — down 70% from $92.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SIERU and 2 opened new positions — a net loss of 7 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Barclays, opening a new position worth an estimated $1.49M. The largest seller was Aristeia Capital, exiting entirely with an estimated $19.4M sold.
- 11 institutional investors held Sierra Lake Acquisition Corp. Unit (SIERU) as of Q1 2022, down from 18 in Q4 2021.
- Funds reported $27.7M of Sierra Lake Acquisition Corp. Unit stock for Q1 2022, down 70% quarter-over-quarter.
- 2 funds opened new Sierra Lake Acquisition Corp. Unit positions in Q1 2022 and 9 closed out, a net change of -7 holders.
- The largest Sierra Lake Acquisition Corp. Unit buyer in Q1 2022 was Barclays, an estimated $1.49M added.
- The largest Sierra Lake Acquisition Corp. Unit seller in Q1 2022 was Aristeia Capital, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2022.