CF Finance Acquisition Corp. Unit
CFFAU
CFFAU was delisted on the 13th of November, 2020.
18 hedge funds and large institutions have $88.4M invested in CF Finance Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less funds holding
Funds holding: 24 → 18 (-6)
34% less capital invested
Capital invested by funds: $133M → $88.4M (-$45M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3.49M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.73M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$2.18M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$35.7M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$4.36M |
| 3 |
Millennium Management
New York
|
-$4.34M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.38M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.34M |
CFFAU Hedge Fund Activity: Q1 2020 in Review
18 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CF Finance Acquisition Corp. Unit (CFFAU) for Q1 2020, worth a combined $88.4M — down 34% from $133M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CFFAU and 2 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Cowen and Company, adding an estimated $3.49M. The largest seller was MMCAP International, cutting an estimated $35.7M.
- 18 institutional investors held CF Finance Acquisition Corp. Unit (CFFAU) as of Q1 2020, down from 24 in Q4 2019.
- Funds reported $88.4M of CF Finance Acquisition Corp. Unit stock for Q1 2020, down 34% quarter-over-quarter.
- 2 funds opened new CF Finance Acquisition Corp. Unit positions in Q1 2020 and 7 closed out, a net change of -5 holders.
- The largest CF Finance Acquisition Corp. Unit buyer in Q1 2020 was Cowen and Company, an estimated $3.49M added.
- The largest CF Finance Acquisition Corp. Unit seller in Q1 2020 was MMCAP International, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2020.