CM Seven Star Acquisition Corporation Unit
CMSSU
CMSSU was delisted on the 1st of May, 2019.
5 hedge funds and large institutions have $20.3M invested in CM Seven Star Acquisition Corporation Unit in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
55% less capital invested
Capital invested by funds: $45.6M → $20.3M (-$25.2M)
58% less funds holding
Funds holding: 12 → 5 (-7)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$58.5K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$9.13M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.84M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$3.26M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$3.16M |
| 5 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $14.3M | – | – | – |
|
|
CI
2
Cowen Inc
New York
| $2.72M | +$58.5K | +5,499 | +2% |
|
|
KPF
3
K2 Principal Fund
Toronto,
Ontario, Canada
| $2.3M | -$3.84M | -361,000 | -62% |
|
4
Hudson Bay Capital Management
Stamford,
Connecticut
| $1.05M | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $12K | +$6.39K | +600 | +109% |
|
|
DKCM
6
Davidson Kempner Capital Management
New York
| – | -$9.13M | -849,305 | Closed |
|
|
CCA
7
Castle Creek Arbitrage
Avon,
Colorado
| – | -$3.26M | -299,800 | Closed |
|
|
CCM
8
Context Capital Management
Lajolla,
California
| – | -$3.16M | -287,500 | Closed |
|
|
PGC
9
Pacific Grove Capital
San Francisco,
California
| – | -$1.41K | -129,350 | Closed |
|
|
VOAM
10
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| – | -$1.34M | -125,000 | Closed |
|
|
PC
11
Periscope Capital
Toronto,
Ontario, Canada
| – | -$881K | -81,000 | Closed |
|
CMSSU Hedge Fund Activity: Q4 2018 in Review
5 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in CM Seven Star Acquisition Corporation Unit (CMSSU) for Q4 2018, worth a combined $20.3M — down 55% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CMSSU and 0 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Cowen Inc, adding an estimated $58.5K. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $9.13M sold.
- 5 institutional investors held CM Seven Star Acquisition Corporation Unit (CMSSU) as of Q4 2018, down from 12 in Q3 2018.
- Funds reported $20.3M of CM Seven Star Acquisition Corporation Unit stock for Q4 2018, down 55% quarter-over-quarter.
- 0 funds opened new CM Seven Star Acquisition Corporation Unit positions in Q4 2018 and 6 closed out, a net change of -6 holders.
- The largest CM Seven Star Acquisition Corporation Unit buyer in Q4 2018 was Cowen Inc, an estimated $58.5K added.
- The largest CM Seven Star Acquisition Corporation Unit seller in Q4 2018 was Davidson Kempner Capital Management, an estimated $9.13M sold.
Based on aggregated 13F filings for Q4 2018.