Axar Acquisition Corp. Common Stock
AXAR
AXAR was delisted on the 2nd of October, 2017.
8 hedge funds and large institutions have $23.4M invested in Axar Acquisition Corp. Common Stock in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
3% more capital invested
Capital invested by funds: $22.7M → $23.4M (+$656K)
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
11% less funds holding
Funds holding: 9 → 8 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$12K |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.01K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
1
Axar Capital Management
New York
| $13.7M | – | – | – |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $4M | +$102K | +10,224 | +3% |
|
3
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.27M | – | – | – |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| $1.53M | -$5.01K | -500 | -0.3% |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $1.01M | – | – | – |
|
|
BCM
6
Basso Capital Management
Stamford,
Connecticut
| $758K | – | – | – |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $91K | – | – | – |
|
8
UBS Group
Zurich,
Switzerland
| $17K | – | – | – |
|
|
BI
9
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$12K | -145,430 | Closed |
|
AXAR Hedge Fund Activity: Q3 2017 in Review
8 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Axar Acquisition Corp. Common Stock (AXAR) for Q3 2017, worth a combined $23.4M — up 2.9% from $22.7M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of AXAR and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $102K. The largest seller was Bulldog Investors, exiting entirely with an estimated $12K sold.
- 8 institutional investors held Axar Acquisition Corp. Common Stock (AXAR) as of Q3 2017, down from 9 in Q2 2017.
- Funds reported $23.4M of Axar Acquisition Corp. Common Stock stock for Q3 2017, up 2.9% quarter-over-quarter.
- 0 funds opened new Axar Acquisition Corp. Common Stock positions in Q3 2017 and 1 closed out, a net change of -1 holder.
- The largest Axar Acquisition Corp. Common Stock buyer in Q3 2017 was Polar Asset Management Partners, an estimated $102K added.
- The largest Axar Acquisition Corp. Common Stock seller in Q3 2017 was Bulldog Investors, an estimated $12K sold.
Based on aggregated 13F filings for Q3 2017.