Sierra Lake Acquisition Corp. Unit
SIERU
SIERU was delisted on the 7th of December, 2022.
10 hedge funds and large institutions have $25.9M invested in Sierra Lake Acquisition Corp. Unit in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
6% less capital invested
Capital invested by funds: $27.7M → $25.9M (-$1.71M)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$719K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.27M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$753K |
| 3 |
Morgan Stanley
New York
|
-$462K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$120K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$50.8K |
SIERU Hedge Fund Activity: Q2 2022 in Review
10 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Sierra Lake Acquisition Corp. Unit (SIERU) for Q2 2022, worth a combined $25.9M — down 6.2% from $27.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SIERU and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $719K. The largest seller was Magnetar Financial, cutting an estimated $1.27M.
- 10 institutional investors held Sierra Lake Acquisition Corp. Unit (SIERU) as of Q2 2022, down from 11 in Q1 2022.
- Funds reported $25.9M of Sierra Lake Acquisition Corp. Unit stock for Q2 2022, down 6.2% quarter-over-quarter.
- 1 fund opened new Sierra Lake Acquisition Corp. Unit positions in Q2 2022 and 2 closed out, a net change of -1 holder.
- The largest Sierra Lake Acquisition Corp. Unit buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $719K added.
- The largest Sierra Lake Acquisition Corp. Unit seller in Q2 2022 was Magnetar Financial, an estimated $1.27M sold.
Based on aggregated 13F filings for Q2 2022.