Electrum Special Acquisition Corporation
ELEC
ELEC was delisted on the 29th of May, 2018.
21 hedge funds and large institutions have $88.5M invested in Electrum Special Acquisition Corporation in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
50% more funds holding
Funds holding: 14 → 21 (+7)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
12% more capital invested
Capital invested by funds: $79M → $88.5M (+$9.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$14.1M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$10.4M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.46M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$2.26M |
| 5 |
HHC
Hutchin Hill Capital
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$9.63M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.51M |
| 3 |
Capstone Investment Advisors
New York
|
-$4.82M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.18M |
| 5 |
MCM
Moore Capital Management
New York
|
-$3.36M |
ELEC Hedge Fund Activity: Q4 2015 in Review
21 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELEC) for Q4 2015, worth a combined $88.5M — up 12% from $79M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ELEC positions and 2 closed out — a net gain of 7 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Oxford Asset Management, opening a new position worth an estimated $14.1M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $9.63M sold.
- 21 institutional investors held Electrum Special Acquisition Corporation (ELEC) as of Q4 2015, up from 14 in Q3 2015.
- Funds reported $88.5M of Electrum Special Acquisition Corporation stock for Q4 2015, up 12% quarter-over-quarter.
- 9 funds opened new Electrum Special Acquisition Corporation positions in Q4 2015 and 2 closed out, a net change of +7 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q4 2015 was Oxford Asset Management, an estimated $14.1M added.
- The largest Electrum Special Acquisition Corporation seller in Q4 2015 was Pine River Capital Management, an estimated $9.63M sold.
Based on aggregated 13F filings for Q4 2015.