We are live on ! Find out more
BROGU

Twelve Seas Investment Company Units
BROGU

Delisted

BROGU was delisted on the 17th of December, 2019.

Back to rankings

21 hedge funds and large institutions have $60M invested in Twelve Seas Investment Company Units in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 13 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% less funds holding

Funds holding: 32 → 21 (-11)

64% less capital invested

Capital invested by funds: $167M → $60M (-$107M)

79% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 14

92% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 13

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
21
Holders Change
-11
Holders Change %
-34.38%
% of All Funds
0.48%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
3
Increased
1
Reduced
13
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CCM
Context Capital Management
California
+$2.14M
2
Walleye Trading
Walleye Trading
New York
+$297
3
TRCT
Tower Research Capital (TRC)
New York
+$72

Top Sellers

Rank Fund Capital Flow
1
WAM
Weiss Asset Management
Massachusetts
-$12.4M
2
AA
AQR Arbitrage
Connecticut
-$12.1M
3
OAM
Oxford Asset Management
United Kingdom
-$11.7M
4
HIM
HGC Investment Management
Ontario, Canada
-$10.5M
5
GCL
Glazer Capital LLC
New York
-$8.46M
Name Holding Trade Value Shares
Change 		Change in
Stake
DKCM
1
Davidson Kempner Capital Management
New York
$10.8M -$512K -50,000 -5%
PAMP
2
Polar Asset Management Partners
Ontario, Canada
$7.36M -$8.08M -788,890 -53%
Hudson Bay Capital Management
3
Hudson Bay Capital Management
Connecticut
$6.21M – – –
LIM
4
Longfellow Investment Management
Massachusetts
$5.24M -$962K -93,921 -16%
CFIC
5
City Financial Investment Company
United Kingdom
$5.16M – – –
PC
6
Periscope Capital
Ontario, Canada
$4.98M – – –
BCM
7
Basso Capital Management
Connecticut
$3.09M -$563K -55,014 -16%
YCM
8
Yakira Capital Management
Connecticut
$2.78M – – –
CCM
9
Context Capital Management
California
$2.16M +$2.14M +209,000 New
CPF
10
Context Partners Fund
California
$2.16M +$2.14M +209,000 New
VOAM
11
Vertex One Asset Management
British Columbia, Canada
$2.07M -$512K -50,000 -20%
Walleye Trading
12
Walleye Trading
New York
$2.05M +$297 +29 +0%
CCA
13
Castle Creek Arbitrage
Colorado
$1.75M -$1.44M -140,530 -45%
KPF
14
K2 Principal Fund
Ontario, Canada
$1.42M -$7.79M -761,300 -85%
BFM
15
Boothbay Fund Management
New York
$1.03M -$3.07M -300,000 -75%
BI
16
Bulldog Investors
New Jersey
$846K -$3.77M -368,600 -82%
BCM
17
Bluefin Capital Management
New York
$514K -$2.05M -200,000 -80%
WAM
18
Wolverine Asset Management
Illinois
$310K -$1.02M -100,000 -77%
HIM
19
HGC Investment Management
Ontario, Canada
$52K -$10.5M -1,027,900 -100%
UBS Group
20
UBS Group
Switzerland
$14K -$35.8K -3,500 -72%
WAM
21
Weiss Asset Management
Massachusetts
– -$12.4M -1,230,499 Closed
AA
22
AQR Arbitrage
Connecticut
– -$12.1M -1,200,000 Closed
OAM
23
Oxford Asset Management
United Kingdom
– -$11.7M -1,165,000 Closed
GCL
24
Glazer Capital LLC
New York
– -$8.46M -840,927 Closed
MTCM
25
Mint Tower Capital Management
Netherlands
– -$6.04M -600,000 Closed
1
2

BROGU Hedge Fund Activity: Q3 2018 in Review

21 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Twelve Seas Investment Company Units (BROGU) for Q3 2018, worth a combined $60M — down 64% from $167M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BROGU and 3 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 1 added.

The largest buyer was Context Capital Management, opening a new position worth an estimated $2.14M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $12.4M sold.

  • 21 institutional investors held Twelve Seas Investment Company Units (BROGU) as of Q3 2018, down from 32 in Q2 2018.
  • Funds reported $60M of Twelve Seas Investment Company Units stock for Q3 2018, down 64% quarter-over-quarter.
  • 3 funds opened new Twelve Seas Investment Company Units positions in Q3 2018 and 14 closed out, a net change of -11 holders.
  • The largest Twelve Seas Investment Company Units buyer in Q3 2018 was Context Capital Management, an estimated $2.14M added.
  • The largest Twelve Seas Investment Company Units seller in Q3 2018 was Weiss Asset Management, an estimated $12.4M sold.

Based on aggregated 13F filings for Q3 2018.