B. Riley Principal Merger Corp.
BRPM.U
BRPM.U was delisted on the 13th of February, 2020.
13 hedge funds and large institutions have $27.1M invested in B. Riley Principal Merger Corp. in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
46% less funds holding
Funds holding: 24 → 13 (-11)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
56% less capital invested
Capital invested by funds: $61.4M → $27.1M (-$34.3M)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$229K |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$92.9K |
| 3 |
Walleye Trading
New York
|
+$6.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$10.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.49M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$3.08M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.53M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.02M |
BRPM.U Hedge Fund Activity: Q4 2019 in Review
13 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in B. Riley Principal Merger Corp. (BRPM.U) for Q4 2019, worth a combined $27.1M — down 56% from $61.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BRPM.U and 2 opened new positions — a net loss of 11 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $229K. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $10.7M sold.
- 13 institutional investors held B. Riley Principal Merger Corp. (BRPM.U) as of Q4 2019, down from 24 in Q3 2019.
- Funds reported $27.1M of B. Riley Principal Merger Corp. stock for Q4 2019, down 56% quarter-over-quarter.
- 2 funds opened new B. Riley Principal Merger Corp. positions in Q4 2019 and 13 closed out, a net change of -11 holders.
- The largest B. Riley Principal Merger Corp. buyer in Q4 2019 was Boothbay Fund Management, an estimated $229K added.
- The largest B. Riley Principal Merger Corp. seller in Q4 2019 was Castle Creek Arbitrage, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2019.