Black Ridge Acquisition Corp. Unit
BRACU
BRACU was delisted on the 9th of August, 2019.
8 hedge funds and large institutions have $9.31M invested in Black Ridge Acquisition Corp. Unit in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
12% less capital invested
Capital invested by funds: $10.5M → $9.31M (-$1.21M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$1.03M |
| 2 |
KC
Kepos Capital
New York
|
+$37.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$416K |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$406K |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$313K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Hudson Bay Capital Management
Stamford,
Connecticut
| $4.44M | – | – | – |
|
|
PC
2
Periscope Capital
Toronto,
Ontario, Canada
| $3.04M | -$4.16K | -400 | -0.1% |
|
|
CCM
3
Context Capital Management
Lajolla,
California
| $1.05M | -$406K | -39,100 | -28% |
|
|
BCM
4
Basso Capital Management
Stamford,
Connecticut
| $469K | -$416K | -40,000 | -47% |
|
|
PAMP
5
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $157K | – | – | – |
|
|
KC
6
Kepos Capital
New York
| $146K | +$37.8K | +3,643 | +35% |
|
|
CI
7
Cowen Inc
New York
| $1.03K | +$1.03M | +99,002 | New |
|
|
HIM
8
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$313K | -30,000 | Closed |
|
BRACU Hedge Fund Activity: Q2 2018 in Review
8 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Black Ridge Acquisition Corp. Unit (BRACU) for Q2 2018, worth a combined $9.31M — down 12% from $10.5M a quarter earlier.
Fund positioning in BRACU was balanced in Q2 2018: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $1.03M. The largest seller was Basso Capital Management, cutting an estimated $416K.
- 8 institutional investors held Black Ridge Acquisition Corp. Unit (BRACU) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $9.31M of Black Ridge Acquisition Corp. Unit stock for Q2 2018, down 12% quarter-over-quarter.
- 1 fund opened new Black Ridge Acquisition Corp. Unit positions in Q2 2018 and 1 closed out, a net change of 0 holders.
- The largest Black Ridge Acquisition Corp. Unit buyer in Q2 2018 was Cowen Inc, an estimated $1.03M added.
- The largest Black Ridge Acquisition Corp. Unit seller in Q2 2018 was Basso Capital Management, an estimated $416K sold.
Based on aggregated 13F filings for Q2 2018.