Diamond Eagle Acquisition Corp. Unit
DEACU
DEACU was delisted on the 23rd of April, 2020.
14 hedge funds and large institutions have $13.5M invested in Diamond Eagle Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 13 closing their positions.
33% less funds holding
Funds holding: 21 → 14 (-7)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
85% less capital invested
Capital invested by funds: $92.8M → $13.5M (-$79.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$2.36M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$1.33M |
| 3 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
+$171K |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$64.3K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$39.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$23M |
| 2 |
Millennium Management
New York
|
-$14.7M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$9.56M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$8.19M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$6.63M |
DEACU Hedge Fund Activity: Q1 2020 in Review
14 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Diamond Eagle Acquisition Corp. Unit (DEACU) for Q1 2020, worth a combined $13.5M — down 85% from $92.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DEACU and 7 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $2.36M. The largest seller was Magnetar Financial, exiting entirely with an estimated $23M sold.
- 14 institutional investors held Diamond Eagle Acquisition Corp. Unit (DEACU) as of Q1 2020, down from 21 in Q4 2019.
- Funds reported $13.5M of Diamond Eagle Acquisition Corp. Unit stock for Q1 2020, down 85% quarter-over-quarter.
- 7 funds opened new Diamond Eagle Acquisition Corp. Unit positions in Q1 2020 and 13 closed out, a net change of -6 holders.
- The largest Diamond Eagle Acquisition Corp. Unit buyer in Q1 2020 was Alpine Global Management, an estimated $2.36M added.
- The largest Diamond Eagle Acquisition Corp. Unit seller in Q1 2020 was Magnetar Financial, an estimated $23M sold.
Based on aggregated 13F filings for Q1 2020.