Diamond Eagle Acquisition Corp. Unit
DEACU
DEACU was delisted on the 23rd of April, 2020.
35 hedge funds and large institutions have $216M invested in Diamond Eagle Acquisition Corp. Unit in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 19 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
35% less funds holding
Funds holding: 54 → 35 (-19)
38% less capital invested
Capital invested by funds: $351M → $216M (-$135M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$2.96M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.56M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$660K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$146K |
| 5 |
Franklin Resources
San Mateo,
California
|
+$39.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$30.2M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$12.6M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$11M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$10.1M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$10.1M |
DEACU Hedge Fund Activity: Q3 2019 in Review
35 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Diamond Eagle Acquisition Corp. Unit (DEACU) for Q3 2019, worth a combined $216M — down 38% from $351M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DEACU and 0 opened new positions — a net loss of 19 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Longfellow Investment Management, adding an estimated $2.96M. The largest seller was Governors Lane, exiting entirely with an estimated $30.2M sold.
- 35 institutional investors held Diamond Eagle Acquisition Corp. Unit (DEACU) as of Q3 2019, down from 54 in Q2 2019.
- Funds reported $216M of Diamond Eagle Acquisition Corp. Unit stock for Q3 2019, down 38% quarter-over-quarter.
- 0 funds opened new Diamond Eagle Acquisition Corp. Unit positions in Q3 2019 and 19 closed out, a net change of -19 holders.
- The largest Diamond Eagle Acquisition Corp. Unit buyer in Q3 2019 was Longfellow Investment Management, an estimated $2.96M added.
- The largest Diamond Eagle Acquisition Corp. Unit seller in Q3 2019 was Governors Lane, an estimated $30.2M sold.
Based on aggregated 13F filings for Q3 2019.