Electrum Special Acquisition Corporation
ELEC
ELEC was delisted on the 29th of May, 2018.
20 hedge funds and large institutions have $108M invested in Electrum Special Acquisition Corporation in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 3 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
13% more capital invested
Capital invested by funds: $95.6M → $108M (+$12.2M)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$4.18M |
| 2 |
LCS
Levin Capital Strategies
New York
|
+$3.13M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.18M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.7M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$897K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.06M |
| 2 |
AIM
Assured Investment Management
New York
|
-$408K |
| 3 |
ICM
Ionic Capital Management
New York
|
-$108K |
| 4 |
Morgan Stanley
New York
|
-$2K |
ELEC Hedge Fund Activity: Q2 2016 in Review
20 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELEC) for Q2 2016, worth a combined $108M — up 13% from $95.6M a quarter earlier.
Fund positioning in ELEC was balanced in Q2 2016: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 1 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $4.18M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $1.06M sold.
- 20 institutional investors held Electrum Special Acquisition Corporation (ELEC) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $108M of Electrum Special Acquisition Corporation stock for Q2 2016, up 13% quarter-over-quarter.
- 3 funds opened new Electrum Special Acquisition Corporation positions in Q2 2016 and 3 closed out, a net change of 0 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q2 2016 was Glazer Capital LLC, an estimated $4.18M added.
- The largest Electrum Special Acquisition Corporation seller in Q2 2016 was AQR Arbitrage, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2016.