Colfax Corporation 5.75% Tangible Equity Units
CFXA
CFXA was delisted on the 14th of January, 2022.
33 hedge funds and large institutions have $472M invested in Colfax Corporation 5.75% Tangible Equity Units in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 7 closing their positions.
15% less funds holding
Funds holding: 39 → 33 (-6)
27% less capital invested
Capital invested by funds: $650M → $472M (-$177M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$36.1M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$30.1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$29.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$15.6M |
| 5 |
TCM
Tenor Capital Management
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$20M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$15.3M |
| 3 |
MA
MUFG Americas
New York
|
-$12.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.2M |
CFXA Hedge Fund Activity: Q1 2020 in Review
33 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Colfax Corporation 5.75% Tangible Equity Units (CFXA) for Q1 2020, worth a combined $472M — down 27% from $650M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CFXA and 1 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Two Sigma Securities, adding an estimated $36.1M. The largest seller was CSS LLC, cutting an estimated $20M.
- 33 institutional investors held Colfax Corporation 5.75% Tangible Equity Units (CFXA) as of Q1 2020, down from 39 in Q4 2019.
- Funds reported $472M of Colfax Corporation 5.75% Tangible Equity Units stock for Q1 2020, down 27% quarter-over-quarter.
- 1 fund opened new Colfax Corporation 5.75% Tangible Equity Units positions in Q1 2020 and 7 closed out, a net change of -6 holders.
- The largest Colfax Corporation 5.75% Tangible Equity Units buyer in Q1 2020 was Two Sigma Securities, an estimated $36.1M added.
- The largest Colfax Corporation 5.75% Tangible Equity Units seller in Q1 2020 was CSS LLC, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2020.