Barington/Hilco Acquisition Corp.
BHAC
BHAC was delisted on the 21st of September, 2018.
8 hedge funds and large institutions have $14.3M invested in Barington/Hilco Acquisition Corp. in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less funds holding
Funds holding: 12 → 8 (-4)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
56% less capital invested
Capital invested by funds: $32.3M → $14.3M (-$17.9M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$25.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.63M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.42M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.09M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$1.69M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCG
1
Barington Capital Group
New York
| $5.11M | – | – | – |
|
|
YCM
2
Yakira Capital Management
Westport,
Connecticut
| $2.84M | – | – | – |
|
|
KPF
3
K2 Principal Fund
Toronto,
Ontario, Canada
| $2.77M | -$6.15K | -596 | -0.2% |
|
|
WAM
4
Weiss Asset Management
Boston,
Massachusetts
| $1.99M | – | – | – |
|
|
PAMP
5
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $1.04M | – | – | – |
|
|
BI
6
Bulldog Investors
Saddle Brook,
New Jersey
| $539K | +$25.1K | +2,431 | +5% |
|
7
UBS Group
Zurich,
Switzerland
| $19K | – | – | – |
|
|
WAM
8
Wolverine Asset Management
Chicago,
Illinois
| $10K | -$280K | -27,175 | -96% |
|
|
KIM
9
Karpus Investment Management
Pittsford,
New York
| – | -$7.63M | -748,208 | Closed |
|
|
RCM
10
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$6.42M | -622,740 | Closed |
|
|
PC
11
Periscope Capital
Toronto,
Ontario, Canada
| – | -$2.09M | -204,000 | Closed |
|
|
WRBC
12
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.69M | -163,642 | Closed |
|
BHAC Hedge Fund Activity: Q3 2017 in Review
8 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Barington/Hilco Acquisition Corp. (BHAC) for Q3 2017, worth a combined $14.3M — down 56% from $32.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BHAC and 0 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Bulldog Investors, adding an estimated $25.1K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $7.63M sold.
- 8 institutional investors held Barington/Hilco Acquisition Corp. (BHAC) as of Q3 2017, down from 12 in Q2 2017.
- Funds reported $14.3M of Barington/Hilco Acquisition Corp. stock for Q3 2017, down 56% quarter-over-quarter.
- 0 funds opened new Barington/Hilco Acquisition Corp. positions in Q3 2017 and 4 closed out, a net change of -4 holders.
- The largest Barington/Hilco Acquisition Corp. buyer in Q3 2017 was Bulldog Investors, an estimated $25.1K added.
- The largest Barington/Hilco Acquisition Corp. seller in Q3 2017 was Karpus Investment Management, an estimated $7.63M sold.
Based on aggregated 13F filings for Q3 2017.