LGL Systems Acquisition Corp. Units
DFNS.U
DFNS.U was delisted on the 26th of August, 2021.
12 hedge funds and large institutions have $23.9M invested in LGL Systems Acquisition Corp. Units in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% less funds holding
Funds holding: 16 → 12 (-4)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
34% less capital invested
Capital invested by funds: $36.1M → $23.9M (-$12.1M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Maven Securities
St Helier,
Jersey
|
+$196K |
| 2 |
RA
Ramius Advisors
New York
|
+$170K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.08K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$115 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$7.84M |
| 2 |
JP Morgan Chase
New York
|
-$1.67M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$1.27M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$566K |
| 5 |
CIM
Cowen Investment Management
New York
|
-$278K |
DFNS.U Hedge Fund Activity: Q1 2021 in Review
12 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in LGL Systems Acquisition Corp. Units (DFNS.U) for Q1 2021, worth a combined $23.9M — down 34% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DFNS.U and 1 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Maven Securities, adding an estimated $196K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $7.84M sold.
- 12 institutional investors held LGL Systems Acquisition Corp. Units (DFNS.U) as of Q1 2021, down from 16 in Q4 2020.
- Funds reported $23.9M of LGL Systems Acquisition Corp. Units stock for Q1 2021, down 34% quarter-over-quarter.
- 1 fund opened new LGL Systems Acquisition Corp. Units positions in Q1 2021 and 5 closed out, a net change of -4 holders.
- The largest LGL Systems Acquisition Corp. Units buyer in Q1 2021 was Maven Securities, an estimated $196K added.
- The largest LGL Systems Acquisition Corp. Units seller in Q1 2021 was Shaolin Capital Management, an estimated $7.84M sold.
Based on aggregated 13F filings for Q1 2021.