LGL Systems Acquisition Corp. Units
DFNS.U
DFNS.U was delisted on the 26th of August, 2021.
19 hedge funds and large institutions have $46.3M invested in LGL Systems Acquisition Corp. Units in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 8 closing their positions.
24% less capital invested
Capital invested by funds: $60.8M → $46.3M (-$14.4M)
30% less funds holding
Funds holding: 27 → 19 (-8)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$3.59M |
| 2 |
KC
Kepos Capital
New York
|
-$3.08M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.82M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.64M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
26
Panagora Asset Management
Boston,
Massachusetts
| – | -$61K | -5,918 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$20K | -1,919 | Closed |
|
DFNS.U Hedge Fund Activity: Q3 2020 in Review
19 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in LGL Systems Acquisition Corp. Units (DFNS.U) for Q3 2020, worth a combined $46.3M — down 24% from $60.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DFNS.U and 0 opened new positions — a net loss of 8 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $4.23K. The largest seller was P. Schoenfeld Asset Management (PSAM), exiting entirely with an estimated $3.59M sold.
- 19 institutional investors held LGL Systems Acquisition Corp. Units (DFNS.U) as of Q3 2020, down from 27 in Q2 2020.
- Funds reported $46.3M of LGL Systems Acquisition Corp. Units stock for Q3 2020, down 24% quarter-over-quarter.
- 0 funds opened new LGL Systems Acquisition Corp. Units positions in Q3 2020 and 8 closed out, a net change of -8 holders.
- The largest LGL Systems Acquisition Corp. Units buyer in Q3 2020 was UBS Group, an estimated $4.23K added.
- The largest LGL Systems Acquisition Corp. Units seller in Q3 2020 was P. Schoenfeld Asset Management (PSAM), an estimated $3.59M sold.
Based on aggregated 13F filings for Q3 2020.