CM Seven Star Acquisition Corporation Unit
CMSSU
CMSSU was delisted on the 1st of May, 2019.
11 hedge funds and large institutions have $39.6M invested in CM Seven Star Acquisition Corporation Unit in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
6% less capital invested
Capital invested by funds: $42.3M → $39.6M (-$2.69M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$2.58M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.03M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$944K |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$781K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$671K |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$516K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $13.9M | -$944K | -91,500 | -6% |
|
|
DKCM
2
Davidson Kempner Capital Management
New York
| $8.75M | -$781K | -75,695 | -8% |
|
|
KPF
3
K2 Principal Fund
Toronto,
Ontario, Canada
| $5.96M | +$1.1M | +107,000 | +23% |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| $4.15M | -$8.26K | -800 | -0.2% |
|
|
CCA
5
Castle Creek Arbitrage
Avon,
Colorado
| $3.1M | -$516K | -50,000 | -14% |
|
|
VOAM
6
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| $2.11M | – | – | – |
|
7
Hudson Bay Capital Management
Stamford,
Connecticut
| $1.03M | – | – | – |
|
|
WAM
8
Wolverine Asset Management
Chicago,
Illinois
| $338K | -$671K | -65,000 | -66% |
|
|
BCM
9
Basso Capital Management
Stamford,
Connecticut
| $259K | -$1.03M | -100,000 | -80% |
|
|
10
UBS Group
Zurich,
Switzerland
| $6K | +$5.68K | +550 | New |
|
|
CI
11
Cowen Inc
New York
| $2.59K | +$2.58M | +250,001 | New |
|
|
MAM
12
Myriad Asset Management
North Point,
Hong Kong
| – | -$512K | -50,000 | Closed |
|
CMSSU Hedge Fund Activity: Q2 2018 in Review
11 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in CM Seven Star Acquisition Corporation Unit (CMSSU) for Q2 2018, worth a combined $39.6M — down 6.4% from $42.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CMSSU positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 6 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $2.58M. The largest seller was Basso Capital Management, cutting an estimated $1.03M.
- 11 institutional investors held CM Seven Star Acquisition Corporation Unit (CMSSU) as of Q2 2018, up from 10 in Q1 2018.
- Funds reported $39.6M of CM Seven Star Acquisition Corporation Unit stock for Q2 2018, down 6.4% quarter-over-quarter.
- 2 funds opened new CM Seven Star Acquisition Corporation Unit positions in Q2 2018 and 1 closed out, a net change of +1 holder.
- The largest CM Seven Star Acquisition Corporation Unit buyer in Q2 2018 was Cowen Inc, an estimated $2.58M added.
- The largest CM Seven Star Acquisition Corporation Unit seller in Q2 2018 was Basso Capital Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2018.