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ANDAR

Andina Acquisition Corp. III Right
ANDAR

Delisted

ANDAR was delisted on the 20th of July, 2021.

19 hedge funds and large institutions have $4.94M invested in Andina Acquisition Corp. III Right in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 13 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more capital invested

Capital invested by funds: $2.82M → $4.94M (+$2.12M)

10% less funds holding

Funds holding: 2119 (-2)

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

92% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 13

Holders
19
Holders Change
-2
Holders Change %
-9.52%
% of All Funds
0.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
1
Reduced
13
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GCL
1
Glazer Capital LLC
New York
$1.74M +$164K +249,424 +11%
AA
2
AQR Arbitrage
Connecticut
$840K
Hudson Bay Capital Management
3
Hudson Bay Capital Management
Connecticut
$518K
PAMP
4
Polar Asset Management Partners
Ontario, Canada
$369K -$10.9K -16,555 -3%
KPF
5
K2 Principal Fund
Ontario, Canada
$358K +$341K +517,950 New
MCM
6
Moore Capital Management
New York
$210K -$65.8K -100,000 -25%
GCIA
7
Gabelli & Co Investment Advisers
New York
$175K -$57.5K -87,452 -26%
RCM
8
Rivernorth Capital Management
Florida
$174K
GF
9
Gabelli Funds
New York
$140K -$27.6K -41,960 -17%
BCM
10
Basso Capital Management
Connecticut
$116K -$116K -176,026 -51%
SCM
11
Shaolin Capital Management
Florida
$84K -$23.4K -35,533 -23%
BI
12
Bulldog Investors
New Jersey
$80K -$51.4K -78,184 -40%
SRFM
13
Shannon River Fund Management
New York
$60K
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$31K -$110K -167,363 -81%
Walleye Trading
15
Walleye Trading
New York
$14K -$50.3K -76,489 -80%
HIM
16
HGC Investment Management
Ontario, Canada
$12K -$9.28K -14,103 -45%
WAM
17
Wolverine Asset Management
Illinois
$7K -$28.6K -43,491 -80%
CAPTRUST Financial Advisors
18
CAPTRUST Financial Advisors
North Carolina
$5K -$3.69K -5,603 -43%
Walleye Capital
19
Walleye Capital
New York
$20 -$28.6K -43,511 -60%
BFM
20
Boothbay Fund Management
New York
-$114K -300,000 Closed
UBS Group
21
UBS Group
Switzerland
-$1K -2,912 Closed

ANDAR Hedge Fund Activity: Q1 2021 in Review

19 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Andina Acquisition Corp. III Right (ANDAR) for Q1 2021, worth a combined $4.94M — up 75% from $2.82M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of ANDAR and 1 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 1 added.

The largest buyer was K2 Principal Fund, opening a new position worth an estimated $341K. The largest seller was Basso Capital Management, cutting an estimated $116K.

  • 19 institutional investors held Andina Acquisition Corp. III Right (ANDAR) as of Q1 2021, down from 21 in Q4 2020.
  • Funds reported $4.94M of Andina Acquisition Corp. III Right stock for Q1 2021, up 75% quarter-over-quarter.
  • 1 fund opened new Andina Acquisition Corp. III Right positions in Q1 2021 and 3 closed out, a net change of -2 holders.
  • The largest Andina Acquisition Corp. III Right buyer in Q1 2021 was K2 Principal Fund, an estimated $341K added.
  • The largest Andina Acquisition Corp. III Right seller in Q1 2021 was Basso Capital Management, an estimated $116K sold.

Based on aggregated 13F filings for Q1 2021.