CM Seven Star Acquisition Corporation Unit
CMSSU
CMSSU was delisted on the 1st of May, 2019.
10 hedge funds and large institutions have $42.3M invested in CM Seven Star Acquisition Corporation Unit in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 5 reducing their positions, and 8 closing their positions.
35% less capital invested
Capital invested by funds: $65.2M → $42.3M (-$22.9M)
41% less funds holding
Funds holding: 17 → 10 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$3.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$10M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.35M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$4.28M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$3.49M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.26M |
CMSSU Hedge Fund Activity: Q1 2018 in Review
10 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in CM Seven Star Acquisition Corporation Unit (CMSSU) for Q1 2018, worth a combined $42.3M — down 35% from $65.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CMSSU and 1 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 0 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $3.52M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $10M sold.
- 10 institutional investors held CM Seven Star Acquisition Corporation Unit (CMSSU) as of Q1 2018, down from 17 in Q4 2017.
- Funds reported $42.3M of CM Seven Star Acquisition Corporation Unit stock for Q1 2018, down 35% quarter-over-quarter.
- 1 fund opened new CM Seven Star Acquisition Corporation Unit positions in Q1 2018 and 8 closed out, a net change of -7 holders.
- The largest CM Seven Star Acquisition Corporation Unit buyer in Q1 2018 was Castle Creek Arbitrage, an estimated $3.52M added.
- The largest CM Seven Star Acquisition Corporation Unit seller in Q1 2018 was Boothbay Fund Management, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2018.