Black Ridge Acquisition Corp. Unit
BRACU
BRACU was delisted on the 9th of August, 2019.
4 hedge funds and large institutions have $5.6M invested in Black Ridge Acquisition Corp. Unit in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
42% less capital invested
Capital invested by funds: $9.61M → $5.6M (-$4.01M)
43% less funds holding
Funds holding: 7 → 4 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.79M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$157K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$146K |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Hudson Bay Capital Management
Stamford,
Connecticut
| $4.59M | – | – | – |
|
|
CI
2
Cowen Inc
New York
| $531K | – | – | – |
|
|
BCM
3
Basso Capital Management
Stamford,
Connecticut
| $476K | – | – | – |
|
|
CCM
4
Context Capital Management
Lajolla,
California
| $977 | -$115K | -10,900 | -11% |
|
|
PC
5
Periscope Capital
Toronto,
Ontario, Canada
| – | -$2.79M | -267,099 | Closed |
|
|
PAMP
6
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$157K | -14,992 | Closed |
|
|
7
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$146K | -14,360 | Closed |
|
BRACU Hedge Fund Activity: Q1 2019 in Review
4 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Black Ridge Acquisition Corp. Unit (BRACU) for Q1 2019, worth a combined $5.6M — down 42% from $9.61M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BRACU and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Periscope Capital, exiting entirely with an estimated $2.79M sold.
- 4 institutional investors held Black Ridge Acquisition Corp. Unit (BRACU) as of Q1 2019, down from 7 in Q4 2018.
- Funds reported $5.6M of Black Ridge Acquisition Corp. Unit stock for Q1 2019, down 42% quarter-over-quarter.
- 0 funds opened new Black Ridge Acquisition Corp. Unit positions in Q1 2019 and 3 closed out, a net change of -3 holders.
- The largest Black Ridge Acquisition Corp. Unit seller in Q1 2019 was Periscope Capital, an estimated $2.79M sold.
Based on aggregated 13F filings for Q1 2019.