Boxwood Merger Corp. Unit
BWMCU
BWMCU was delisted on the 12th of February, 2020.
17 hedge funds and large institutions have $52.9M invested in Boxwood Merger Corp. Unit in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 9 closing their positions.
35% less funds holding
Funds holding: 26 → 17 (-9)
45% less capital invested
Capital invested by funds: $96.8M → $52.9M (-$43.9M)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$52.5K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$19K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$20.3M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.15M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.15M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.2M |
| 5 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$2.24M |
BWMCU Hedge Fund Activity: Q3 2019 in Review
17 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Boxwood Merger Corp. Unit (BWMCU) for Q3 2019, worth a combined $52.9M — down 45% from $96.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BWMCU and 1 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Macquarie Group, adding an estimated $52.5K. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $20.3M sold.
- 17 institutional investors held Boxwood Merger Corp. Unit (BWMCU) as of Q3 2019, down from 26 in Q2 2019.
- Funds reported $52.9M of Boxwood Merger Corp. Unit stock for Q3 2019, down 45% quarter-over-quarter.
- 1 fund opened new Boxwood Merger Corp. Unit positions in Q3 2019 and 9 closed out, a net change of -8 holders.
- The largest Boxwood Merger Corp. Unit buyer in Q3 2019 was Macquarie Group, an estimated $52.5K added.
- The largest Boxwood Merger Corp. Unit seller in Q3 2019 was Davidson Kempner Capital Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q3 2019.