Barington/Hilco Acquisition Corp.
BHAC
BHAC was delisted on the 21st of September, 2018.
13 hedge funds and large institutions have $22.6M invested in Barington/Hilco Acquisition Corp. in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
44% more funds holding
Funds holding: 9 → 13 (+4)
21% more capital invested
Capital invested by funds: $18.6M → $22.6M (+$3.96M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.73M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.07M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.63M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.61M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$27.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.35M |
| 2 |
Morgan Stanley
New York
|
-$20 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $4.96M | – | – | – |
|
|
BCG
2
Barington Capital Group
New York
| $4.87M | – | – | – |
|
|
KIM
3
Karpus Investment Management
Pittsford,
New York
| $3.76M | +$3.73M | +379,058 | New |
|
|
WAM
4
Weiss Asset Management
Boston,
Massachusetts
| $2.55M | – | – | – |
|
|
OAM
5
Oxford Asset Management
Oxford,
United Kingdom
| $2.09M | +$2.07M | +210,000 | New |
|
|
GCL
6
Glazer Capital LLC
New York
| $1.64M | +$1.63M | +165,520 | New |
|
|
WRBC
7
W.R. Berkley Corp
Greenwich,
Connecticut
| $1.63M | +$1.61M | +163,642 | New |
|
|
BI
8
Bulldog Investors
Saddle Brook,
New Jersey
| $554K | +$27.6K | +2,797 | +5% |
|
|
CCA
9
Castle Creek Arbitrage
Avon,
Colorado
| $246K | – | – | – |
|
|
YCM
10
Yakira Capital Management
Westport,
Connecticut
| $245K | – | – | – |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $17K | +$16.9K | +1,720 | New |
|
|
BA
12
BlackRock Advisors
Wilmington,
Delaware
| $4K | +$1.67K | +170 | +67% |
|
|
AA
13
AQR Arbitrage
Greenwich,
Connecticut
| – | -$5.35M | -545,520 | Closed |
|
|
14
Morgan Stanley
New York
| – | -$20 | -2 | -20% |
|
BHAC Hedge Fund Activity: Q1 2016 in Review
13 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Barington/Hilco Acquisition Corp. (BHAC) for Q1 2016, worth a combined $22.6M — up 21% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BHAC positions and 1 closed out — a net gain of 4 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.73M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $5.35M sold.
- 13 institutional investors held Barington/Hilco Acquisition Corp. (BHAC) as of Q1 2016, up from 9 in Q4 2015.
- Funds reported $22.6M of Barington/Hilco Acquisition Corp. stock for Q1 2016, up 21% quarter-over-quarter.
- 5 funds opened new Barington/Hilco Acquisition Corp. positions in Q1 2016 and 1 closed out, a net change of +4 holders.
- The largest Barington/Hilco Acquisition Corp. buyer in Q1 2016 was Karpus Investment Management, an estimated $3.73M added.
- The largest Barington/Hilco Acquisition Corp. seller in Q1 2016 was AQR Arbitrage, an estimated $5.35M sold.
Based on aggregated 13F filings for Q1 2016.