Churchill Capital Corp II
CCX.U
CCX.U was delisted on the 11th of June, 2021.
41 hedge funds and large institutions have $371M invested in Churchill Capital Corp II in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 21 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
28% less funds holding
Funds holding: 57 → 41 (-16)
29% less capital invested
Capital invested by funds: $520M → $371M (-$149M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
67% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$4.14M |
| 2 |
ACM
ADI Capital Management
New York
|
+$1.14M |
| 3 |
BGC
Birch Grove Capital
New York
|
+$1.03M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
+$469K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$30.5M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$13.2M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$12.6M |
| 4 |
Citigroup
New York
|
-$10.6M |
| 5 |
GL
Governors Lane
New York
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Weiss Asset Management
Boston,
Massachusetts
| – | -$5.08M | -500,000 | Closed |
|
|
AA
52
AQR Arbitrage
Greenwich,
Connecticut
| – | -$3.55M | -350,000 | Closed |
|
|
BI
53
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$2.25K | -221,338 | Closed |
|
|
TCM
54
Tenor Capital Management
New York
| – | -$1.27M | -125,000 | Closed |
|
|
BRWM
55
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$1.18K | -116,667 | Closed |
|
|
FIG
56
Fortress Investment Group
New York
| – | -$711K | -70,000 | Closed |
|
|
MAM
57
Myriad Asset Management
North Point,
Hong Kong
| – | -$710K | -70,000 | Closed |
|
|
MSU
58
Mizuho Securities USA
New York
| – | -$508K | -50,000 | Closed |
|
59
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$244K | -24,000 | Closed |
|
60
Citadel Advisors
Miami,
Florida
| – | -$179K | -17,614 | Closed |
|
|
ES
61
Equitec Specialists
Chicago,
Illinois
| – | -$102K | -10,000 | Closed |
|
|
FIA
62
FNY Investment Advisers
New York
| – | -$9K | -950 | Closed |
|
CCX.U Hedge Fund Activity: Q3 2019 in Review
41 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Churchill Capital Corp II (CCX.U) for Q3 2019, worth a combined $371M — down 29% from $520M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CCX.U and 7 opened new positions — a net loss of 14 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Longfellow Investment Management, adding an estimated $4.14M. The largest seller was Linden Advisors, exiting entirely with an estimated $30.5M sold.
- 41 institutional investors held Churchill Capital Corp II (CCX.U) as of Q3 2019, down from 57 in Q2 2019.
- Funds reported $371M of Churchill Capital Corp II stock for Q3 2019, down 29% quarter-over-quarter.
- 7 funds opened new Churchill Capital Corp II positions in Q3 2019 and 21 closed out, a net change of -14 holders.
- The largest Churchill Capital Corp II buyer in Q3 2019 was Longfellow Investment Management, an estimated $4.14M added.
- The largest Churchill Capital Corp II seller in Q3 2019 was Linden Advisors, an estimated $30.5M sold.
Based on aggregated 13F filings for Q3 2019.