Summit Healthcare Acquisition Corp. Class A Ordinary Share
SMIH
SMIH was delisted on the 16th of March, 2023.
39 hedge funds and large institutions have $104M invested in Summit Healthcare Acquisition Corp. Class A Ordinary Share in 2022 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
30% more funds holding
Funds holding: 30 → 39 (+9)
9% less capital invested
Capital invested by funds: $113M → $104M (-$9.65M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
+$3.27M |
| 2 |
AC
Athos Capital
Hong Kong
|
+$2.92M |
| 3 |
D.E. Shaw & Co
New York
|
+$2.43M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.95M |
| 5 |
SCM
Saba Capital Management
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Finepoint Capital
Boston,
Massachusetts
|
-$6.89M |
| 2 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$481K |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$291K |
| 4 |
UFM
Ursa Fund Management
Danville,
California
|
-$243K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$241K |
SMIH Hedge Fund Activity: Q2 2022 in Review
39 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Summit Healthcare Acquisition Corp. Class A Ordinary Share (SMIH) for Q2 2022, worth a combined $104M — down 8.5% from $113M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMIH positions and 5 closed out — a net gain of 9 holders — while 8 added to existing stakes and 2 trimmed.
The largest buyer was TFG Asset Management, adding an estimated $3.27M. The largest seller was Finepoint Capital, exiting entirely with an estimated $6.89M sold.
- 39 institutional investors held Summit Healthcare Acquisition Corp. Class A Ordinary Share (SMIH) as of Q2 2022, up from 30 in Q1 2022.
- Funds reported $104M of Summit Healthcare Acquisition Corp. Class A Ordinary Share stock for Q2 2022, down 8.5% quarter-over-quarter.
- 14 funds opened new Summit Healthcare Acquisition Corp. Class A Ordinary Share positions in Q2 2022 and 5 closed out, a net change of +9 holders.
- The largest Summit Healthcare Acquisition Corp. Class A Ordinary Share buyer in Q2 2022 was TFG Asset Management, an estimated $3.27M added.
- The largest Summit Healthcare Acquisition Corp. Class A Ordinary Share seller in Q2 2022 was Finepoint Capital, an estimated $6.89M sold.
Based on aggregated 13F filings for Q2 2022.