Barington/Hilco Acquisition Corp.
BHAC
BHAC was delisted on the 21st of September, 2018.
12 hedge funds and large institutions have $31.9M invested in Barington/Hilco Acquisition Corp. in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
11% more capital invested
Capital invested by funds: $28.6M → $31.9M (+$3.23M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 13 → 12 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.37M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$2.56M |
| 3 |
CI
Cowen Inc
New York
|
+$1.71M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$340K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.74M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$2.28M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.13M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$44K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7K |
BHAC Hedge Fund Activity: Q1 2017 in Review
12 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Barington/Hilco Acquisition Corp. (BHAC) for Q1 2017, worth a combined $31.9M — up 11% from $28.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BHAC and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.37M. The largest seller was Polar Asset Management Partners, cutting an estimated $3.74M.
- 12 institutional investors held Barington/Hilco Acquisition Corp. (BHAC) as of Q1 2017, down from 13 in Q4 2016.
- Funds reported $31.9M of Barington/Hilco Acquisition Corp. stock for Q1 2017, up 11% quarter-over-quarter.
- 2 funds opened new Barington/Hilco Acquisition Corp. positions in Q1 2017 and 3 closed out, a net change of -1 holder.
- The largest Barington/Hilco Acquisition Corp. buyer in Q1 2017 was Rivernorth Capital Management, an estimated $6.37M added.
- The largest Barington/Hilco Acquisition Corp. seller in Q1 2017 was Polar Asset Management Partners, an estimated $3.74M sold.
Based on aggregated 13F filings for Q1 2017.