Axar Acquisition Corp. Common Stock
AXAR
AXAR was delisted on the 2nd of October, 2017.
7 hedge funds and large institutions have $22M invested in Axar Acquisition Corp. Common Stock in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 2 reducing their positions, and closing their positions.
17% more funds holding
Funds holding: 6 → 7 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $22.2M → $22M (-$227K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Axar Capital Management
New York
|
-$11.8M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$55.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
1
Axar Capital Management
New York
| $13.3M | -$11.8M | -1,189,565 | -16% |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $3.26M | -$55.1K | -5,550 | -2% |
|
3
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.21M | – | – | – |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| $1.49M | – | – | – |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $988K | – | – | – |
|
|
BCM
6
Basso Capital Management
Stamford,
Connecticut
| $737K | – | – | – |
|
|
BI
7
Bulldog Investors
Saddle Brook,
New Jersey
| $11K | +$1.49M | +150,176 | New |
|
AXAR Hedge Fund Activity: Q1 2017 in Review
7 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Axar Acquisition Corp. Common Stock (AXAR) for Q1 2017, worth a combined $22M — down 1% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new AXAR positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $1.49M. The largest seller was Axar Capital Management, cutting an estimated $11.8M.
- 7 institutional investors held Axar Acquisition Corp. Common Stock (AXAR) as of Q1 2017, up from 6 in Q4 2016.
- Funds reported $22M of Axar Acquisition Corp. Common Stock stock for Q1 2017, down 1% quarter-over-quarter.
- 1 fund opened new Axar Acquisition Corp. Common Stock positions in Q1 2017 and 0 closed out, a net change of +1 holder.
- The largest Axar Acquisition Corp. Common Stock buyer in Q1 2017 was Bulldog Investors, an estimated $1.49M added.
- The largest Axar Acquisition Corp. Common Stock seller in Q1 2017 was Axar Capital Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2017.