ChaSerg Technology Acquisition Corp. Unit
CTACU
CTACU was delisted on the 4th of March, 2020.
25 hedge funds and large institutions have $56.7M invested in ChaSerg Technology Acquisition Corp. Unit in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 4 closing their positions.
11% less funds holding
Funds holding: 28 → 25 (-3)
20% less capital invested
Capital invested by funds: $70.5M → $56.7M (-$13.8M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.11M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
+$536K |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$5.12M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$2.52M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.32M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.06M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
BlueCrest Capital Management
St Helier,
Jersey
| – | -$5.12M | -507,200 | Closed |
|
|
MIM
27
Monashee Investment Management
Boston,
Massachusetts
| – | -$2.52M | -250,000 | Closed |
|
28
Citigroup
New York
| – | -$505K | -50,000 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$16K | -1,553 | Closed |
|
CTACU Hedge Fund Activity: Q2 2019 in Review
25 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in ChaSerg Technology Acquisition Corp. Unit (CTACU) for Q2 2019, worth a combined $56.7M — down 20% from $70.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CTACU and 1 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Periscope Capital, adding an estimated $1.11M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $5.12M sold.
- 25 institutional investors held ChaSerg Technology Acquisition Corp. Unit (CTACU) as of Q2 2019, down from 28 in Q1 2019.
- Funds reported $56.7M of ChaSerg Technology Acquisition Corp. Unit stock for Q2 2019, down 20% quarter-over-quarter.
- 1 fund opened new ChaSerg Technology Acquisition Corp. Unit positions in Q2 2019 and 4 closed out, a net change of -3 holders.
- The largest ChaSerg Technology Acquisition Corp. Unit buyer in Q2 2019 was Periscope Capital, an estimated $1.11M added.
- The largest ChaSerg Technology Acquisition Corp. Unit seller in Q2 2019 was BlueCrest Capital Management, an estimated $5.12M sold.
Based on aggregated 13F filings for Q2 2019.