CF Finance Acquisition Corp. Unit
CFFAU
CFFAU was delisted on the 13th of November, 2020.
21 hedge funds and large institutions have $123M invested in CF Finance Acquisition Corp. Unit in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 11 closing their positions.
30% less funds holding
Funds holding: 30 → 21 (-9)
43% less capital invested
Capital invested by funds: $216M → $123M (-$93.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.1M |
| 2 |
CI
Cowen Inc
New York
|
+$742K |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$183K |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$156K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$20M |
| 2 |
KC
Kepos Capital
New York
|
-$15.1M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$12.5M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$11.6M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$8M |
CFFAU Hedge Fund Activity: Q1 2019 in Review
21 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in CF Finance Acquisition Corp. Unit (CFFAU) for Q1 2019, worth a combined $123M — down 43% from $216M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CFFAU and 3 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Periscope Capital, adding an estimated $3.1M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $20M sold.
- 21 institutional investors held CF Finance Acquisition Corp. Unit (CFFAU) as of Q1 2019, down from 30 in Q4 2018.
- Funds reported $123M of CF Finance Acquisition Corp. Unit stock for Q1 2019, down 43% quarter-over-quarter.
- 3 funds opened new CF Finance Acquisition Corp. Unit positions in Q1 2019 and 11 closed out, a net change of -8 holders.
- The largest CF Finance Acquisition Corp. Unit buyer in Q1 2019 was Periscope Capital, an estimated $3.1M added.
- The largest CF Finance Acquisition Corp. Unit seller in Q1 2019 was AQR Arbitrage, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2019.