Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and
CCH.U
CCH.U was delisted on the 28th of August, 2020.
19 hedge funds and large institutions have $101M invested in Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 10 closing their positions.
30% less funds holding
Funds holding: 27 → 19 (-8)
36% less capital invested
Capital invested by funds: $157M → $101M (-$56.7M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.03M |
| 2 |
Citigroup
New York
|
+$208K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$36.8K |
| 4 |
Morgan Stanley
New York
|
+$2.01K |
| 5 |
JP Morgan Chase
New York
|
+$1.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.1M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$12.5M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$7.44M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.41M |
| 5 |
Barclays
London,
United Kingdom
|
-$5.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.16M | -108,000 | Closed |
|
|
BCM
27
Basso Capital Management
Stamford,
Connecticut
| – | -$771K | -71,688 | Closed |
|
|
MSU
28
Mizuho Securities USA
New York
| – | -$215K | -20,000 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$53K | -5,000 | Closed |
|
CCH.U Hedge Fund Activity: Q1 2020 in Review
19 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and (CCH.U) for Q1 2020, worth a combined $101M — down 36% from $157M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CCH.U and 3 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was K2 Principal Fund, adding an estimated $1.03M. The largest seller was Millennium Management, exiting entirely with an estimated $15.1M sold.
- 19 institutional investors held Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and (CCH.U) as of Q1 2020, down from 27 in Q4 2019.
- Funds reported $101M of Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and stock for Q1 2020, down 36% quarter-over-quarter.
- 3 funds opened new Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and positions in Q1 2020 and 10 closed out, a net change of -7 holders.
- The largest Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and buyer in Q1 2020 was K2 Principal Fund, an estimated $1.03M added.
- The largest Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and seller in Q1 2020 was Millennium Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2020.