Custom Truck One Source
CTOS
24 hedge funds and large institutions have $164M invested in Custom Truck One Source in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
51% more capital invested
Capital invested by funds: $109M → $164M (+$55.3M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
41% more funds holding
Funds holding: 17 → 24 (+7)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$17.4M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
+$16.6M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$8.76M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$7.27M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$7.86M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.84M |
| 3 |
QCMA
Quad Capital Management Advisors
New York
|
-$3.49M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$38.8K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.81K |
CTOS Hedge Fund Activity: Q1 2018 in Review
24 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Custom Truck One Source (CTOS) for Q1 2018, worth a combined $164M — up 51% from $109M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CTOS positions and 1 closed out — a net gain of 7 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Arrowgrass Capital Partners (US), opening a new position worth an estimated $17.4M. The largest seller was Cowen Inc, cutting an estimated $7.86M.
- 24 institutional investors held Custom Truck One Source (CTOS) as of Q1 2018, up from 17 in Q4 2017.
- Funds reported $164M of Custom Truck One Source stock for Q1 2018, up 51% quarter-over-quarter.
- 8 funds opened new Custom Truck One Source positions in Q1 2018 and 1 closed out, a net change of +7 holders.
- The largest Custom Truck One Source buyer in Q1 2018 was Arrowgrass Capital Partners (US), an estimated $17.4M added.
- The largest Custom Truck One Source seller in Q1 2018 was Cowen Inc, an estimated $7.86M sold.
Based on aggregated 13F filings for Q1 2018.