Constellation Alpha Capital Corp. Unit
CNACU
CNACU was delisted on the 19th of August, 2019.
7 hedge funds and large institutions have $25.6M invested in Constellation Alpha Capital Corp. Unit in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 4 closing their positions.
6% more capital invested
Capital invested by funds: $24.2M → $25.6M (+$1.37M)
22% less funds holding
Funds holding: 9 → 7 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$4.68M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$2.41M |
| 3 |
CI
Cowen Inc
New York
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.94M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
-$2.1M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$577K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
1
Boothbay Fund Management
New York
| $7.1M | +$4.68M | +447,569 | +179% |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $6.52M | – | – | – |
|
3
D.E. Shaw & Co
New York
| $4.66M | – | – | – |
|
4
Hudson Bay Capital Management
Stamford,
Connecticut
| $2.67M | – | – | – |
|
|
BCM
5
BlueCrest Capital Management
St Helier,
Jersey
| $2.46M | +$2.41M | +230,100 | New |
|
|
PC
6
Periscope Capital
Toronto,
Ontario, Canada
| $2.16M | – | – | – |
|
|
CI
7
Cowen Inc
New York
| $1.46K | +$1.43M | +136,450 | New |
|
|
WAM
8
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.94M | -280,000 | Closed |
|
|
GLAM
9
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
| – | -$2.1M | -200,000 | Closed |
|
|
BCM
10
Basso Capital Management
Stamford,
Connecticut
| – | -$577K | -55,000 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$2K | -195 | Closed |
|
CNACU Hedge Fund Activity: Q2 2018 in Review
7 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Constellation Alpha Capital Corp. Unit (CNACU) for Q2 2018, worth a combined $25.6M — up 5.7% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CNACU and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Boothbay Fund Management, adding an estimated $4.68M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.94M sold.
- 7 institutional investors held Constellation Alpha Capital Corp. Unit (CNACU) as of Q2 2018, down from 9 in Q1 2018.
- Funds reported $25.6M of Constellation Alpha Capital Corp. Unit stock for Q2 2018, up 5.7% quarter-over-quarter.
- 2 funds opened new Constellation Alpha Capital Corp. Unit positions in Q2 2018 and 4 closed out, a net change of -2 holders.
- The largest Constellation Alpha Capital Corp. Unit buyer in Q2 2018 was Boothbay Fund Management, an estimated $4.68M added.
- The largest Constellation Alpha Capital Corp. Unit seller in Q2 2018 was Wolverine Asset Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q2 2018.