CF Finance Acquisition Corp. Unit
CFFAU
CFFAU was delisted on the 13th of November, 2020.
4 hedge funds and large institutions have $3.83M invested in CF Finance Acquisition Corp. Unit in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 1 reducing their positions, and 6 closing their positions.
50% less funds holding
Funds holding: 8 → 4 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
86% less capital invested
Capital invested by funds: $26.5M → $3.83M (-$22.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$10.5M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$7.89M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.41M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.86M |
| 5 |
CAC
Cowen and Company
New York
|
-$293K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LIM
1
Longfellow Investment Management
Boston,
Massachusetts
| $2.88M | -$1.86M | -157,596 | -38% |
|
|
BCM
2
BlueCrest Capital Management
St Helier,
Jersey
| $650K | – | – | – |
|
|
BFM
3
Boothbay Fund Management
New York
| $277K | +$287K | +24,292 | New |
|
|
SGAM
4
Seaport Global Asset Management
New York
| $25K | +$29.6K | +2,500 | New |
|
|
KPF
5
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$10.5M | -895,033 | Closed |
|
|
DKCM
6
Davidson Kempner Capital Management
New York
| – | -$7.89M | -750,000 | Closed |
|
|
HIM
7
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$2.41M | -205,940 | Closed |
|
|
CAC
8
Cowen and Company
New York
| – | -$293K | -25,000 | Closed |
|
9
UBS Group
Zurich,
Switzerland
| – | -$2K | -200 | Closed |
|
CFFAU Hedge Fund Activity: Q3 2020 in Review
4 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in CF Finance Acquisition Corp. Unit (CFFAU) for Q3 2020, worth a combined $3.83M — down 86% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CFFAU and 2 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $287K. The largest seller was K2 Principal Fund, exiting entirely with an estimated $10.5M sold.
- 4 institutional investors held CF Finance Acquisition Corp. Unit (CFFAU) as of Q3 2020, down from 8 in Q2 2020.
- Funds reported $3.83M of CF Finance Acquisition Corp. Unit stock for Q3 2020, down 86% quarter-over-quarter.
- 2 funds opened new CF Finance Acquisition Corp. Unit positions in Q3 2020 and 6 closed out, a net change of -4 holders.
- The largest CF Finance Acquisition Corp. Unit buyer in Q3 2020 was Boothbay Fund Management, an estimated $287K added.
- The largest CF Finance Acquisition Corp. Unit seller in Q3 2020 was K2 Principal Fund, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2020.