Double Eagle Acquisition Corp.
EAGLU
EAGLU was delisted on the 29th of November, 2017.
25 hedge funds and large institutions have $201M invested in Double Eagle Acquisition Corp. in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 12 closing their positions.
31% less capital invested
Capital invested by funds: $290M → $201M (-$88.9M)
32% less funds holding
Funds holding: 37 → 25 (-12)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.25M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.72M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.52M |
| 4 |
VAM
Visium Asset Management
New York
|
+$33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$21.5M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$20M |
| 4 |
LA
Linden Advisors
New York
|
-$7.5M |
| 5 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Highbridge Capital Management
New York
| – | -$21.5M | -2,150,000 | Closed |
|
|
27
Alyeska Investment Group
Chicago,
Illinois
| – | -$20M | -2,000,000 | Closed |
|
|
FTCM
28
Fir Tree Capital Management
New York
| – | -$20M | -2,000,000 | Closed |
|
|
LA
29
Linden Advisors
New York
| – | -$7.5M | -750,000 | Closed |
|
|
BCM
30
BBT Capital Management
Fort Worth,
Texas
| – | -$5M | -500,000 | Closed |
|
|
GOCM
31
Green Owl Capital Management
New York
| – | -$4M | -400,000 | Closed |
|
|
GCM
32
Gruss Capital Management
New York
| – | -$3M | -300,000 | Closed |
|
|
KPF
33
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$2.95M | -295,317 | Closed |
|
|
WRBC
34
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$2.75M | -274,895 | Closed |
|
|
6CM
35
683 Capital Management
New York
| – | -$2M | -200,000 | Closed |
|
|
VOAM
36
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| – | -$2M | -200,000 | Closed |
|
|
TSS
37
Two Sigma Securities
New York
| – | -$126K | -12,583 | Closed |
|
EAGLU Hedge Fund Activity: Q1 2016 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Double Eagle Acquisition Corp. (EAGLU) for Q1 2016, worth a combined $201M — down 31% from $290M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EAGLU and 0 opened new positions — a net loss of 12 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Oxford Asset Management, adding an estimated $3.25M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $21.5M sold.
- 25 institutional investors held Double Eagle Acquisition Corp. (EAGLU) as of Q1 2016, down from 37 in Q4 2015.
- Funds reported $201M of Double Eagle Acquisition Corp. stock for Q1 2016, down 31% quarter-over-quarter.
- 0 funds opened new Double Eagle Acquisition Corp. positions in Q1 2016 and 12 closed out, a net change of -12 holders.
- The largest Double Eagle Acquisition Corp. buyer in Q1 2016 was Oxford Asset Management, an estimated $3.25M added.
- The largest Double Eagle Acquisition Corp. seller in Q1 2016 was Highbridge Capital Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2016.