Graf Global Corp Units
TONT.U
18 hedge funds and large institutions have $72.3M invested in Graf Global Corp Units in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 29 closing their positions.
58% less funds holding
Funds holding: 43 → 18 (-25)
61.46% less ownership
Funds ownership: 97.21% → 35.75% (-61%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
86% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 29
90% less capital inflows, than outflows
Capital inflows: $13.9M | Capital outflows: $137M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.1M |
| 2 |
Schonfeld Strategic Advisors
New York
|
+$2.51M |
| 3 |
Walleye Capital
New York
|
+$153K |
| 4 |
Longfellow Investment Management
Boston,
Massachusetts
|
+$75.9K |
| 5 |
Bulldog Investors
Saddle Brook,
New Jersey
|
+$68.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$19.8M |
| 2 |
Highbridge Capital Management
New York
|
-$15M |
| 3 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15M |
| 4 |
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$10M |
| 5 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$10M |
TONT.U Hedge Fund Activity: Q3 2024 in Review
18 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in Graf Global Corp Units (TONT.U) for Q3 2024, worth a combined $72.3M — down 63% from $194M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TONT.U and 4 opened new positions — a net loss of 25 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $11.1M. The largest seller was MMCAP International, exiting entirely with an estimated $19.8M sold.
- 18 institutional investors held Graf Global Corp Units (TONT.U) as of Q3 2024, down from 43 in Q2 2024.
- Funds reported $72.3M of Graf Global Corp Units stock for Q3 2024, down 63% quarter-over-quarter.
- 4 funds opened new Graf Global Corp Units positions in Q3 2024 and 29 closed out, a net change of -25 holders.
- The largest Graf Global Corp Units buyer in Q3 2024 was Rivernorth Capital Management, an estimated $11.1M added.
- The largest Graf Global Corp Units seller in Q3 2024 was MMCAP International, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2024.