Capitol Acquisition Corp. III Unit
CLACU
CLACU was delisted on the 29th of June, 2017.
14 hedge funds and large institutions have $68.9M invested in Capitol Acquisition Corp. III Unit in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 7 closing their positions.
22% less funds holding
Funds holding: 18 → 14 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
53% less capital invested
Capital invested by funds: $148M → $68.9M (-$78.9M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.69M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$579K |
| 3 |
CI
Cowen Inc
New York
|
+$316K |
| 4 |
BlackRock
New York
|
+$72.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$30.6M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$30.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.9M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$6.88M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$6.18M |
CLACU Hedge Fund Activity: Q1 2017 in Review
14 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Capitol Acquisition Corp. III Unit (CLACU) for Q1 2017, worth a combined $68.9M — down 53% from $148M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CLACU and 4 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $3.69M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $30.6M sold.
- 14 institutional investors held Capitol Acquisition Corp. III Unit (CLACU) as of Q1 2017, down from 18 in Q4 2016.
- Funds reported $68.9M of Capitol Acquisition Corp. III Unit stock for Q1 2017, down 53% quarter-over-quarter.
- 4 funds opened new Capitol Acquisition Corp. III Unit positions in Q1 2017 and 7 closed out, a net change of -3 holders.
- The largest Capitol Acquisition Corp. III Unit buyer in Q1 2017 was Polar Asset Management Partners, an estimated $3.69M added.
- The largest Capitol Acquisition Corp. III Unit seller in Q1 2017 was Davidson Kempner Capital Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q1 2017.