Axar Acquisition Corp. Common Stock
AXAR
AXAR was delisted on the 2nd of October, 2017.
9 hedge funds and large institutions have $22.7M invested in Axar Acquisition Corp. Common Stock in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and closing their positions.
29% more funds holding
Funds holding: 7 → 9 (+2)
3% more capital invested
Capital invested by funds: $22M → $22.7M (+$757K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$538K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$90.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$47.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
1
Axar Capital Management
New York
| $13.3M | – | – | – |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $3.84M | +$538K | +53,860 | +16% |
|
3
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.23M | – | – | – |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| $1.51M | – | – | – |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $990K | – | – | – |
|
|
BCM
6
Basso Capital Management
Stamford,
Connecticut
| $739K | – | – | – |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $89K | +$90.9K | +9,100 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $17K | +$17K | +1,700 | New |
|
|
BI
9
Bulldog Investors
Saddle Brook,
New Jersey
| $12K | -$47.4K | -4,746 | -3% |
|
AXAR Hedge Fund Activity: Q2 2017 in Review
9 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Axar Acquisition Corp. Common Stock (AXAR) for Q2 2017, worth a combined $22.7M — up 3.4% from $22M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new AXAR positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $538K. The largest seller was Bulldog Investors, cutting an estimated $47.4K.
- 9 institutional investors held Axar Acquisition Corp. Common Stock (AXAR) as of Q2 2017, up from 7 in Q1 2017.
- Funds reported $22.7M of Axar Acquisition Corp. Common Stock stock for Q2 2017, up 3.4% quarter-over-quarter.
- 2 funds opened new Axar Acquisition Corp. Common Stock positions in Q2 2017 and 0 closed out, a net change of +2 holders.
- The largest Axar Acquisition Corp. Common Stock buyer in Q2 2017 was Polar Asset Management Partners, an estimated $538K added.
- The largest Axar Acquisition Corp. Common Stock seller in Q2 2017 was Bulldog Investors, an estimated $47.4K sold.
Based on aggregated 13F filings for Q2 2017.