Summit Healthcare Acquisition Corp. Units
SMIHU
SMIHU was delisted on the 16th of March, 2023.
24 hedge funds and large institutions have $77M invested in Summit Healthcare Acquisition Corp. Units in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% less funds holding
Funds holding: 34 → 24 (-10)
40% less capital invested
Capital invested by funds: $127M → $77M (-$50.5M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DACS
Dymon Asia Capital (Singapore)
Singapore
|
+$3.01M |
| 2 |
OCM
Ovata Capital Management
Hong Kong
|
+$1.5M |
| 3 |
BP
BFAM Partners
Northpoint, Hong Kong,
Hong Kong
|
+$861K |
| 4 |
PCM
Prelude Capital Management
New York
|
+$146K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Segantii Capital Management
Hong Kong
|
-$12.1M |
| 2 |
Millennium Management
New York
|
-$10.1M |
| 3 |
FC
Finepoint Capital
Boston,
Massachusetts
|
-$9.81M |
| 4 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$3.75M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$3.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FC
26
Finepoint Capital
Boston,
Massachusetts
| – | -$9.81M | -980,000 | Closed |
|
|
TAM
27
TFG Asset Management
Grand Cayman,
Cayman Islands
| – | -$3.75M | -375,000 | Closed |
|
|
WP
28
Woodline Partners
San Francisco,
California
| – | -$3.68M | -367,600 | Closed |
|
|
WA
29
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$2.5M | -250,000 | Closed |
|
|
AA
30
AQR Arbitrage
Greenwich,
Connecticut
| – | -$2.01M | -200,000 | Closed |
|
31
D.E. Shaw & Co
New York
| – | -$2.01M | -200,000 | Closed |
|
|
MP
32
Mangrove Partners
Greenwich,
Connecticut
| – | -$2M | -200,000 | Closed |
|
|
RCM
33
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$2M | -200,000 | Closed |
|
|
EAM
34
Exos Asset Management
New York
| – | -$754K | -75,000 | Closed |
|
|
VF
35
Virtu Financial
New York
| – | -$154K | -15,259 | Closed |
|
|
AA
36
Ancora Advisors
Cleveland,
Ohio
| – | -$101K | -10,100 | Closed |
|
SMIHU Hedge Fund Activity: Q3 2021 in Review
24 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Summit Healthcare Acquisition Corp. Units (SMIHU) for Q3 2021, worth a combined $77M — down 40% from $127M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SMIHU and 2 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Dymon Asia Capital (Singapore), opening a new position worth an estimated $3.01M. The largest seller was Segantii Capital Management, exiting entirely with an estimated $12.1M sold.
- 24 institutional investors held Summit Healthcare Acquisition Corp. Units (SMIHU) as of Q3 2021, down from 34 in Q2 2021.
- Funds reported $77M of Summit Healthcare Acquisition Corp. Units stock for Q3 2021, down 40% quarter-over-quarter.
- 2 funds opened new Summit Healthcare Acquisition Corp. Units positions in Q3 2021 and 12 closed out, a net change of -10 holders.
- The largest Summit Healthcare Acquisition Corp. Units buyer in Q3 2021 was Dymon Asia Capital (Singapore), an estimated $3.01M added.
- The largest Summit Healthcare Acquisition Corp. Units seller in Q3 2021 was Segantii Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2021.