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HCM III Acquisition Corp.
HCMA • XNAS
HCM III Acquisition Corp. is a publicly traded company on XNAS, led by Shawn Matthews, with a market cap of $340.7M. As of Q3 2025, 46% of shares are held by 35 institutional investors, with Meteora Capital, LLC as the largest holder at 4.77%.
Chairman and Chief Executive OfficerShawn Matthews
Market Cap$340.7M
Overview
Overview of institutional ownership in HCMA as of Q3 2025 with a market cap of $340.9M
All Institutions
- Institutions
- 35
- Value Held
- $158.2M
- Shares Held
- 15.6M
- Avg Position
- $4.5M
- Median Position
- $3.0M
Hedge Funds
- Hedge Funds
- 23
- Value Held
- $117.4M
- Shares Held
- 11.6M
- Avg Position
- $5.1M
- Median Position
- $4.1M
Ownership Breakdown
Based on market cap of $340.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in HCMA as of Q3 2025
| Institution | Position Value |
|---|---|
 Meteora Capital, LLC Hedge Fund•Event Driven | $16.6M 2.21% of portfolio |
 Verition Fund Management LLC Hedge Fund•Multi-Strategy | $11.6M 0.07% of portfolio |
L LMR Partners LLP Institution | $10.6M 0.21% of portfolio |
 LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | $10.1M 1.04% of portfolio |
H HIGHBRIDGE CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | $10.1M 1.69% of portfolio |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $10.1M 1.25% of portfolio |
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | $9.6M 0.32% of portfolio |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | $9.1M 1.90% of portfolio |
 Governors Lane LP Hedge Fund•Event Driven | $8.1M 1.14% of portfolio |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $8.1M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for HCMA in Q3 2025
- Traded
- +$158.2M
- Buyers
- 35
- Sellers
- 0
- Total Bought
- +$158.2M
- Total Sold
- −-
- Avg Position
- $4.5M
Biggest Buyers
| Institution | Net Bought |
|---|---|
Meteora Capital, LLC Hedge Fund•Event Driven | +$16.6M +1.6M shares |
Verition Fund Management LLC Hedge Fund•Multi-Strategy | +$11.6M +1.2M shares |
L LMR Partners LLP Institution | +$10.6M +1.1M shares |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | +$10.1M +1.0M shares |
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | +$10.1M +1.0M shares |
H HIGHBRIDGE CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$10.1M +1.0M shares |
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | +$9.6M +949.7K shares |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | +$9.1M +896.0K shares |
Governors Lane LP Hedge Fund•Event Driven | +$8.1M +800.0K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$8.1M +797.5K shares |
Biggest Sellers
| Institution | Net Sold | |
|---|---|---|
| No sellers found | ||
Entry and Exit Activity
Institutions that initiated new positions or completely exited HCMA in Q3 2025
- New Positions
- 17
- New Value
- $48.5M
- Exited Positions
- 0
- Exited Value
- -
New Positions
| Institution | Position Value |
|---|---|
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $10.1M 1.0M shares |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | $9.1M 896.0K shares |
Governors Lane LP Hedge Fund•Event Driven | $8.1M 800.0K shares |
 HGC Investment Management Inc. Private Equity | $7.1M 700.0K shares |
P PEAK6 LLC Institution | $5.1M 500.0K shares |
K K2 PRINCIPAL FUND, L.P. Institution | $3.0M 300.0K shares |
 TORONTO DOMINION BANK Institution | $2.2M 214.4K shares |
 HighTower Advisors, LLC RIA/Wealth | $1.3M 132.5K shares |
 HBK INVESTMENTS L P Hedge Fund•Multi-Strategy | $1.0M 100.0K shares |
 INTL FCSTONE INC. Institution | $505.3K 50.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
| No exited positions found | |
Options Activity
Institutions with the largest Call and Put options positions in HCMA as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with HCMA as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
HGC Investment Management Inc. Private Equity | 3.20% $7.1M |
 Context Capital Management, LLC Hedge Fund•Convert Bond Arb | 2.69% $5.1M |
Meteora Capital, LLC Hedge Fund•Event Driven | 2.21% $16.6M |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | 1.90% $9.1M |
H HIGHBRIDGE CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | 1.69% $10.1M |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | 1.28% $5.8M |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | 1.25% $10.1M |
K K2 PRINCIPAL FUND, L.P. Institution | 1.14% $3.0M |
Governors Lane LP Hedge Fund•Event Driven | 1.14% $8.1M |
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | 1.04% $10.1M |
Hedge Fund Spotlight
Discover hedge funds investing in HCMA
Davidson Kempner Capital Management LP
Hedge Fund • Multi-Strategy
Portfolio ManagerJames Meisheng Li
- Portfolio Value
- $3.0B
- Positions
- 161
- Last Reported
- Q3 2025
Sector Allocation
H
Position in HCM III Acquisition Corp.
- Market Value
- $252.6K
- Shares Held
- 25.0K
- Portfolio Weight
- 0.01%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Unknown Unknown | $349.1M | 11.78% | |
Internet Content & Information Communication Services | $158.9M | 5.36% | |
Specialty Retail Consumer Cyclical | $106.5M | 3.59% |
