CardConnect Corp.
CCN
CCN was delisted on the 5th of July, 2017.
6 hedge funds and large institutions have $27.4M invested in CardConnect Corp. in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
34% more capital invested
Capital invested by funds: $20.5M → $27.4M (+$6.9M)
0% more funds holding
Funds holding: 6 → 6 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Smithwood Advisers
Los Angeles,
California
|
+$9.76M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SA
1
Smithwood Advisers
Los Angeles,
California
| $9.75M | +$9.76M | +1,000,000 | New |
|
|
AA
2
AQR Arbitrage
Greenwich,
Connecticut
| $8.46M | – | – | – |
|
|
PAMP
3
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $4.38M | +$21K | +2,156 | +0.5% |
|
4
Hudson Bay Capital Management
Stamford,
Connecticut
| $3.85M | – | – | – |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $935K | – | – | – |
|
|
NCM
6
Nantahala Capital Management
New Canaan,
Connecticut
| – | -$2.55M | -250,000 | Closed |
|
CCN Hedge Fund Activity: Q4 2015 in Review
6 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in CardConnect Corp. (CCN) for Q4 2015, worth a combined $27.4M — up 34% from $20.5M a quarter earlier.
Fund positioning in CCN was balanced in Q4 2015: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was Smithwood Advisers, opening a new position worth an estimated $9.76M. The largest seller was Nantahala Capital Management, exiting entirely with an estimated $2.55M sold.
- 6 institutional investors held CardConnect Corp. (CCN) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $27.4M of CardConnect Corp. stock for Q4 2015, up 34% quarter-over-quarter.
- 1 fund opened new CardConnect Corp. positions in Q4 2015 and 1 closed out, a net change of 0 holders.
- The largest CardConnect Corp. buyer in Q4 2015 was Smithwood Advisers, an estimated $9.76M added.
- The largest CardConnect Corp. seller in Q4 2015 was Nantahala Capital Management, an estimated $2.55M sold.
Based on aggregated 13F filings for Q4 2015.