Black Ridge Acquisition Corp. Right
BRACR
BRACR was delisted on the 9th of August, 2019.
16 hedge funds and large institutions have $2.71M invested in Black Ridge Acquisition Corp. Right in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
9% more capital invested
Capital invested by funds: $2.48M → $2.71M (+$232K)
6% less funds holding
Funds holding: 17 → 16 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
+$175K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$57.8K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$53K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$28K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$14.8K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$2.42K |
BRACR Hedge Fund Activity: Q1 2018 in Review
16 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Black Ridge Acquisition Corp. Right (BRACR) for Q1 2018, worth a combined $2.71M — up 9.4% from $2.48M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BRACR and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Kepos Capital, opening a new position worth an estimated $175K. The largest seller was Glazer Capital LLC, cutting an estimated $57.8K.
- 16 institutional investors held Black Ridge Acquisition Corp. Right (BRACR) as of Q1 2018, down from 17 in Q4 2017.
- Funds reported $2.71M of Black Ridge Acquisition Corp. Right stock for Q1 2018, up 9.4% quarter-over-quarter.
- 1 fund opened new Black Ridge Acquisition Corp. Right positions in Q1 2018 and 2 closed out, a net change of -1 holder.
- The largest Black Ridge Acquisition Corp. Right buyer in Q1 2018 was Kepos Capital, an estimated $175K added.
- The largest Black Ridge Acquisition Corp. Right seller in Q1 2018 was Glazer Capital LLC, an estimated $57.8K sold.
Based on aggregated 13F filings for Q1 2018.