Churchill Capital Corp
CCC.U
CCC.U was delisted on the 10th of May, 2019.
41 hedge funds and large institutions have $306M invested in Churchill Capital Corp in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 16 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
28% less funds holding
Funds holding: 57 → 41 (-16)
48% less capital invested
Capital invested by funds: $591M → $306M (-$285M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.69M |
| 2 |
CI
Cowen Inc
New York
|
+$3.47M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.62M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.33M |
| 5 |
Citigroup
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$55.8M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$37.6M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$26.4M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$23.9M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$20.3M |
CCC.U Hedge Fund Activity: Q4 2018 in Review
41 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp (CCC.U) for Q4 2018, worth a combined $306M — down 48% from $591M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CCC.U and 0 opened new positions — a net loss of 16 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Deutsche Bank, adding an estimated $3.69M. The largest seller was Magnetar Financial, exiting entirely with an estimated $55.8M sold.
- 41 institutional investors held Churchill Capital Corp (CCC.U) as of Q4 2018, down from 57 in Q3 2018.
- Funds reported $306M of Churchill Capital Corp stock for Q4 2018, down 48% quarter-over-quarter.
- 0 funds opened new Churchill Capital Corp positions in Q4 2018 and 16 closed out, a net change of -16 holders.
- The largest Churchill Capital Corp buyer in Q4 2018 was Deutsche Bank, an estimated $3.69M added.
- The largest Churchill Capital Corp seller in Q4 2018 was Magnetar Financial, an estimated $55.8M sold.
Based on aggregated 13F filings for Q4 2018.