CardConnect Corp.
CCN
CCN was delisted on the 5th of July, 2017.
1 hedge funds and large institutions have $266K invested in CardConnect Corp. in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 58 closing their positions.
98% less funds holding
Funds holding: 60 → 1 (-59)
100% less capital invested
Capital invested by funds: $167M → $266K (-$167M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 58
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$29.7M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$14.4M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$13.9M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$10.2M |
| 5 |
BlackRock
New York
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| – | -$34K | -2,234 | Closed |
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$24.2K | -1,606 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$24K | -1,589 | Closed |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$20K | -1,345 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$2K | -166 | Closed |
|
56
Citigroup
New York
| – | -$2K | -164 | Closed |
|
CCN Hedge Fund Activity: Q3 2017 in Review
1 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CardConnect Corp. (CCN) for Q3 2017, worth a combined $266K — down 100% from $167M a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of CCN and 0 opened new positions — a net loss of 58 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Capital Research Global Investors, exiting entirely with an estimated $29.7M sold.
- 1 institutional investor held CardConnect Corp. (CCN) as of Q3 2017, down from 60 in Q2 2017.
- Funds reported $266K of CardConnect Corp. stock for Q3 2017, down 100% quarter-over-quarter.
- 0 funds opened new CardConnect Corp. positions in Q3 2017 and 58 closed out, a net change of -58 holders.
- The largest CardConnect Corp. seller in Q3 2017 was Capital Research Global Investors, an estimated $29.7M sold.
Based on aggregated 13F filings for Q3 2017.