Diamond Eagle Acquisition Corp. Unit
DEACU
DEACU was delisted on the 23rd of April, 2020.
21 hedge funds and large institutions have $92.8M invested in Diamond Eagle Acquisition Corp. Unit in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 19 closing their positions.
40% less funds holding
Funds holding: 35 → 21 (-14)
57% less capital invested
Capital invested by funds: $216M → $92.8M (-$124M)
74% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 19
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$4.93M |
| 2 |
PGM
Parian Global Management
Pound Ridge,
New York
|
+$1.9M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$211K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$145K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$17.8M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$15.3M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$15.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.7M |
| 5 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$10.2M |
DEACU Hedge Fund Activity: Q4 2019 in Review
21 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Diamond Eagle Acquisition Corp. Unit (DEACU) for Q4 2019, worth a combined $92.8M — down 57% from $216M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DEACU and 5 opened new positions — a net loss of 14 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $4.93M. The largest seller was Arrowgrass Capital Partners (US), exiting entirely with an estimated $17.8M sold.
- 21 institutional investors held Diamond Eagle Acquisition Corp. Unit (DEACU) as of Q4 2019, down from 35 in Q3 2019.
- Funds reported $92.8M of Diamond Eagle Acquisition Corp. Unit stock for Q4 2019, down 57% quarter-over-quarter.
- 5 funds opened new Diamond Eagle Acquisition Corp. Unit positions in Q4 2019 and 19 closed out, a net change of -14 holders.
- The largest Diamond Eagle Acquisition Corp. Unit buyer in Q4 2019 was BlueCrest Capital Management, an estimated $4.93M added.
- The largest Diamond Eagle Acquisition Corp. Unit seller in Q4 2019 was Arrowgrass Capital Partners (US), an estimated $17.8M sold.
Based on aggregated 13F filings for Q4 2019.