Churchill Capital Corp II
CCX.U
CCX.U was delisted on the 11th of June, 2021.
34 hedge funds and large institutions have $241M invested in Churchill Capital Corp II in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 9 closing their positions.
11% less funds holding
Funds holding: 38 → 34 (-4)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
37% less capital invested
Capital invested by funds: $383M → $241M (-$142M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$28M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.9M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$1.78M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$1.68M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$69.7M |
| 2 |
Millennium Management
New York
|
-$28.5M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$22.3M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$20.5M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$19.4M |
CCX.U Hedge Fund Activity: Q1 2020 in Review
34 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp II (CCX.U) for Q1 2020, worth a combined $241M — down 37% from $383M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CCX.U and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $28M. The largest seller was MMCAP International, cutting an estimated $69.7M.
- 34 institutional investors held Churchill Capital Corp II (CCX.U) as of Q1 2020, down from 38 in Q4 2019.
- Funds reported $241M of Churchill Capital Corp II stock for Q1 2020, down 37% quarter-over-quarter.
- 6 funds opened new Churchill Capital Corp II positions in Q1 2020 and 9 closed out, a net change of -3 holders.
- The largest Churchill Capital Corp II buyer in Q1 2020 was Credit Suisse, an estimated $28M added.
- The largest Churchill Capital Corp II seller in Q1 2020 was MMCAP International, an estimated $69.7M sold.
Based on aggregated 13F filings for Q1 2020.