Summit Healthcare Acquisition Corp. Class A Ordinary Share
SMIH
SMIH was delisted on the 16th of March, 2023.
36 hedge funds and large institutions have $106M invested in Summit Healthcare Acquisition Corp. Class A Ordinary Share in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
19% more capital invested
Capital invested by funds: $89.2M → $106M (+$17.1M)
8% less funds holding
Funds holding: 39 → 36 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$9.59M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$2.86M |
| 3 |
Millennium Management
New York
|
+$2.44M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.22M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$630K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$9.54M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$1.95M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.18M |
| 4 |
JP Morgan Chase
New York
|
-$487K |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$110K |
SMIH Hedge Fund Activity: Q3 2022 in Review
36 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Summit Healthcare Acquisition Corp. Class A Ordinary Share (SMIH) for Q3 2022, worth a combined $106M — up 19% from $89.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SMIH and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Cantor Fitzgerald, adding an estimated $9.59M. The largest seller was TFG Asset Management, exiting entirely with an estimated $9.54M sold.
- 36 institutional investors held Summit Healthcare Acquisition Corp. Class A Ordinary Share (SMIH) as of Q3 2022, down from 39 in Q2 2022.
- Funds reported $106M of Summit Healthcare Acquisition Corp. Class A Ordinary Share stock for Q3 2022, up 19% quarter-over-quarter.
- 3 funds opened new Summit Healthcare Acquisition Corp. Class A Ordinary Share positions in Q3 2022 and 6 closed out, a net change of -3 holders.
- The largest Summit Healthcare Acquisition Corp. Class A Ordinary Share buyer in Q3 2022 was Cantor Fitzgerald, an estimated $9.59M added.
- The largest Summit Healthcare Acquisition Corp. Class A Ordinary Share seller in Q3 2022 was TFG Asset Management, an estimated $9.54M sold.
Based on aggregated 13F filings for Q3 2022.