44% buyers of institutions opening or closing positions this quarter
1 more exits than new buyers, ownership rose 5.77 percentage points vs the prior quarter, and 1 well-known fund manager in the top 25.
44% buyers of institutions opening or closing positions this quarter
87.6% institutional ownership
METEORA CAPITAL, LLC portfolio allocation
Institutional ownership vs Shell Companies peers
No Form 4 insider transactions on file
Latest positioning in HCMA across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HCMA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | METEORA CAPITAL, LLC | 2.1M | $20.9M | +43.1% | 8.210% | 1.54% |
| 2 | LINDEN ADVISORS LP | 1.2M | $12.1M | 0.0% | 4.743% | 0.07% |
| 3 | LMR Partners LLP | 1.1M | $10.6M | 0.0% | 4.150% | 0.02% |
| 4 | Governors Lane LP | 1.0M | $10.2M | +0.9% | 3.988% | 0.65% |
| 5 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 1000K | $10.1M | 0.0% | 3.953% | 0.02% |
| 6 | Magnetar Financial LLC | 1000K | $10.1M | 0.0% | 3.952% | 0.10% |
| 7 | TENOR CAPITAL MANAGEMENT Co., L.P. | 1.0M | $10.1M | 0.0% | 3.953% | 0.16% |
| 8 | JPMORGAN CHASE & CO | 1.0M | $10.1M | +3930.1% | 3.953% | 0.33% |
| 9 | HIGHBRIDGE CAPITAL MANAGEMENT LLC | 1.0M | $10.1M | 0.0% | 3.953% | 0.33% |
| 10 | MMCAP International Inc. SPC | 1.0M | $10.1M | 0.0% | 3.953% | 0.87% |
| 11 | Saba Capital Management, L.P. | 950K | $9.6M | 0.0% | 3.754% | 0.26% |
| 12 | Verition Fund Management LLC | 942K | $9.5M | 0.0% | 3.722% | 0.06% |
| 13 | TWO SIGMA INVESTMENTS, LP | 798K | $8.0M | 0.0% | 3.152% | 0.01% |
| 14 | Radcliffe Capital Management, L.P. | 703K | $7.1M | +0.5% | 2.780% | 0.53% |
| 15 | HGC Investment Management Inc. | 600K | $6.0M | 0.0% | 2.372% | 1.34% |
| 16 | Alberta Investment Management Corp | 550K | $5.6M | 0.0% | 2.174% | 0.03% |
| 17 | Context Capital Management, LLC | 500K | $5.0M | 0.0% | 1.976% | 0.12% |
| 18 | PEAK6 LLC | 500K | $5.0M | 0.0% | 1.976% | 0.01% |
| 19 | PICTON MAHONEY ASSET MANAGEMENT | 500K | $5.0M | 0.0% | 1.976% | 0.04% |
| 20 | PERISCOPE CAPITAL INC. | 450K | $4.5M | -10.0% | 1.779% | 0.50% |
| 21 | MILLENNIUM MANAGEMENT LLC | 441K | $4.4M | 0.0% | 1.742% | 0.00% |
| 22 | BERKLEY W R CORP | 388K | $3.9M | +34.4% | 1.535% | 0.21% |
| 23 | CNH PARTNERS LLC | 379K | $3.8M | 0.0% | 1.500% | 0.06% |
| 24 | BlueCrest Capital Management Ltd | 350K | $3.5M | — | 1.383% | 0.21% |
| 25 | MIZUHO SECURITIES USA LLC | 300K | $3.0M | -42.4% | 1.186% | 0.07% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in HCMA — a direct measure of their conviction.
Filings activity in HCMA during Q1 2026, grouped by how each filer changed its position.
3 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 54 | 1.8% | 87.57% | +5.77 pp | $227M | +7.1% |
| Q4 2025 | 55 | +49% | 81.80% | +22.31 pp | $212M | +37% |
| Q3 2025 | 37 | — | 59.49% | — | $154M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
No recent Form 4 insider transactions on file for HCMA.
Quick answers to the most common questions about buying HCMA stock.
Based on Q1 2026 13F filings, institutional ownership of HCM Acquisition Corp stands at 87.6%, held across 54 reporting institutions.
METEORA CAPITAL, LLC is the largest reported institutional holder of HCMA, with approximately 2,077,075 shares worth $0.02B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of HCMA, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for HCMA is 53 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
4 institutions opened new positions in HCMA during Q1 2026, while 5 fully exited. 43 added to existing positions and 7 trimmed.
HCMA institutional ownership rose by 5.77 percentage points quarter-over-quarter, with a net change of -1 holders.
The top 10 institutions account for 50.3% of all reported 13F value in HCMA, and the top 25 account for 87.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.