Churchill Capital Corp
CCC.U
CCC.U was delisted on the 10th of May, 2019.
6 hedge funds and large institutions have $116M invested in Churchill Capital Corp in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 35 closing their positions.
62% less capital invested
Capital invested by funds: $306M → $116M (-$190M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
85% less funds holding
Funds holding: 41 → 6 (-35)
97% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 35
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$56.2M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brahman Capital
New York
|
-$36.7M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$25.3M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$23.8M |
| 4 |
D.E. Shaw & Co
New York
|
-$17.7M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15.1M |
CCC.U Hedge Fund Activity: Q1 2019 in Review
6 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp (CCC.U) for Q1 2019, worth a combined $116M — down 62% from $306M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CCC.U and 1 opened new positions — a net loss of 34 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $56.2M. The largest seller was Brahman Capital, exiting entirely with an estimated $36.7M sold.
- 6 institutional investors held Churchill Capital Corp (CCC.U) as of Q1 2019, down from 41 in Q4 2018.
- Funds reported $116M of Churchill Capital Corp stock for Q1 2019, down 62% quarter-over-quarter.
- 1 fund opened new Churchill Capital Corp positions in Q1 2019 and 35 closed out, a net change of -34 holders.
- The largest Churchill Capital Corp buyer in Q1 2019 was Morgan Stanley, an estimated $56.2M added.
- The largest Churchill Capital Corp seller in Q1 2019 was Brahman Capital, an estimated $36.7M sold.
Based on aggregated 13F filings for Q1 2019.