Chardan Healthcare Acquisition Corp.
CHAC.U
CHAC.U was delisted on the 25th of October, 2019.
17 hedge funds and large institutions have $23M invested in Chardan Healthcare Acquisition Corp. in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
6% less funds holding
Funds holding: 18 → 17 (-1)
22% less capital invested
Capital invested by funds: $29.7M → $23M (-$6.68M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$1.5M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$504K |
| 3 |
Walleye Trading
New York
|
+$147K |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$2.01M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$1.64M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.58M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.54M |
| 5 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$15K |
CHAC.U Hedge Fund Activity: Q2 2019 in Review
17 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Chardan Healthcare Acquisition Corp. (CHAC.U) for Q2 2019, worth a combined $23M — down 22% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CHAC.U and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 3 added.
The largest buyer was Cowen Inc, adding an estimated $1.5M. The largest seller was Monashee Investment Management, exiting entirely with an estimated $2.01M sold.
- 17 institutional investors held Chardan Healthcare Acquisition Corp. (CHAC.U) as of Q2 2019, down from 18 in Q1 2019.
- Funds reported $23M of Chardan Healthcare Acquisition Corp. stock for Q2 2019, down 22% quarter-over-quarter.
- 1 fund opened new Chardan Healthcare Acquisition Corp. positions in Q2 2019 and 2 closed out, a net change of -1 holder.
- The largest Chardan Healthcare Acquisition Corp. buyer in Q2 2019 was Cowen Inc, an estimated $1.5M added.
- The largest Chardan Healthcare Acquisition Corp. seller in Q2 2019 was Monashee Investment Management, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2019.