B. Riley Principal Merger Corp.
BRPM.U
BRPM.U was delisted on the 13th of February, 2020.
24 hedge funds and large institutions have $65.7M invested in B. Riley Principal Merger Corp. in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 26 → 24 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
30% less capital invested
Capital invested by funds: $93.3M → $65.7M (-$27.6M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.4M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$560K |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$533K |
| 4 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$501K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$9.03M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$5.49M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.05M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.52M |
| 5 |
FM
Fondren Management
Houston,
Texas
|
-$2.5M |
BRPM.U Hedge Fund Activity: Q3 2019 in Review
24 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in B. Riley Principal Merger Corp. (BRPM.U) for Q3 2019, worth a combined $65.7M — down 30% from $93.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BRPM.U and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $3.4M. The largest seller was HGC Investment Management, cutting an estimated $9.03M.
- 24 institutional investors held B. Riley Principal Merger Corp. (BRPM.U) as of Q3 2019, down from 26 in Q2 2019.
- Funds reported $65.7M of B. Riley Principal Merger Corp. stock for Q3 2019, down 30% quarter-over-quarter.
- 4 funds opened new B. Riley Principal Merger Corp. positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest B. Riley Principal Merger Corp. buyer in Q3 2019 was Polar Asset Management Partners, an estimated $3.4M added.
- The largest B. Riley Principal Merger Corp. seller in Q3 2019 was HGC Investment Management, an estimated $9.03M sold.
Based on aggregated 13F filings for Q3 2019.