LGL Systems Acquisition Corp. Units
DFNS.U
DFNS.U was delisted on the 26th of August, 2021.
16 hedge funds and large institutions have $36.1M invested in LGL Systems Acquisition Corp. Units in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 7 closing their positions.
16% less funds holding
Funds holding: 19 → 16 (-3)
22% less capital invested
Capital invested by funds: $46.3M → $36.1M (-$10.2M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Maven Securities
St Helier,
Jersey
|
+$160K |
| 2 |
Rockefeller Capital Management
New York
|
+$10.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$4.78M |
| 2 |
Blackstone Inc
New York
|
-$2.87M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.59M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.46M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.04M |
DFNS.U Hedge Fund Activity: Q4 2020 in Review
16 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in LGL Systems Acquisition Corp. Units (DFNS.U) for Q4 2020, worth a combined $36.1M — down 22% from $46.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DFNS.U and 4 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Maven Securities, opening a new position worth an estimated $160K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $4.78M sold.
- 16 institutional investors held LGL Systems Acquisition Corp. Units (DFNS.U) as of Q4 2020, down from 19 in Q3 2020.
- Funds reported $36.1M of LGL Systems Acquisition Corp. Units stock for Q4 2020, down 22% quarter-over-quarter.
- 4 funds opened new LGL Systems Acquisition Corp. Units positions in Q4 2020 and 7 closed out, a net change of -3 holders.
- The largest LGL Systems Acquisition Corp. Units buyer in Q4 2020 was Maven Securities, an estimated $160K added.
- The largest LGL Systems Acquisition Corp. Units seller in Q4 2020 was Glazer Capital LLC, an estimated $4.78M sold.
Based on aggregated 13F filings for Q4 2020.