Twelve Seas Investment Company Rights
BROGR
BROGR was delisted on the 20th of December, 2019.
26 hedge funds and large institutions have $3.9M invested in Twelve Seas Investment Company Rights in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
22% more capital invested
Capital invested by funds: $3.2M → $3.9M (+$701K)
13% more funds holding
Funds holding: 23 → 26 (+3)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$387K |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$80.6K |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$28.8K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$26.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$286K |
| 2 |
Walleye Trading
New York
|
-$37.2K |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$806 |
| 4 |
VF
Virtu Financial
New York
|
-$742 |
BROGR Hedge Fund Activity: Q3 2019 in Review
26 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Twelve Seas Investment Company Rights (BROGR) for Q3 2019, worth a combined $3.9M — up 22% from $3.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BROGR positions and 1 closed out — a net gain of 4 holders — while 0 added to existing stakes and 3 trimmed.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $387K. The largest seller was K2 Principal Fund, exiting entirely with an estimated $286K sold.
- 26 institutional investors held Twelve Seas Investment Company Rights (BROGR) as of Q3 2019, up from 23 in Q2 2019.
- Funds reported $3.9M of Twelve Seas Investment Company Rights stock for Q3 2019, up 22% quarter-over-quarter.
- 5 funds opened new Twelve Seas Investment Company Rights positions in Q3 2019 and 1 closed out, a net change of +4 holders.
- The largest Twelve Seas Investment Company Rights buyer in Q3 2019 was AQR Arbitrage, an estimated $387K added.
- The largest Twelve Seas Investment Company Rights seller in Q3 2019 was K2 Principal Fund, an estimated $286K sold.
Based on aggregated 13F filings for Q3 2019.