Electrum Special Acquisition Corporation
ELEC
ELEC was delisted on the 29th of May, 2018.
26 hedge funds and large institutions have $153M invested in Electrum Special Acquisition Corporation in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1% less capital invested
Capital invested by funds: $154M → $153M (-$1.1M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$10.6M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$3.08M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.04M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.12M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$10.7M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$10.7M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.55M |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
-$505K |
| 5 |
LCS
Levin Capital Strategies
New York
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rotation Capital Management
New York
| $1K | +$1.01K | +100 | New |
|
|
JC
27
JBF Capital
Aspen,
Colorado
| – | -$505K | -50,000 | Closed |
|
|
WSL
28
Western Standard LLC
Los Angeles,
California
| – | -$10K | -973 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -100 | Closed |
|
ELEC Hedge Fund Activity: Q3 2017 in Review
26 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELEC) for Q3 2017, worth a combined $153M — down 0.71% from $154M a quarter earlier.
Fund positioning in ELEC was balanced in Q3 2017: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was City Financial Investment Company, adding an estimated $10.6M. The largest seller was Assured Investment Management, cutting an estimated $10.7M.
- 26 institutional investors held Electrum Special Acquisition Corporation (ELEC) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $153M of Electrum Special Acquisition Corporation stock for Q3 2017, down 0.71% quarter-over-quarter.
- 3 funds opened new Electrum Special Acquisition Corporation positions in Q3 2017 and 3 closed out, a net change of 0 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q3 2017 was City Financial Investment Company, an estimated $10.6M added.
- The largest Electrum Special Acquisition Corporation seller in Q3 2017 was Assured Investment Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2017.