Electrum Special Acquisition Corporation
ELEC
ELEC was delisted on the 29th of May, 2018.
20 hedge funds and large institutions have $133M invested in Electrum Special Acquisition Corporation in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 3 closing their positions.
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
0% more capital invested
Capital invested by funds: $133M → $133M (+$141K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 23 → 20 (-3)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$21.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.51M |
| 3 |
CI
Cowen Inc
New York
|
+$754K |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$218K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$85.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$14.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.37M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$46.1K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$7K |
ELEC Hedge Fund Activity: Q1 2017 in Review
20 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELEC) for Q1 2017, worth a combined $133M — up 0.11% from $133M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ELEC and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 9 added.
The largest buyer was Glazer Capital LLC, adding an estimated $21.6M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $14.6M sold.
- 20 institutional investors held Electrum Special Acquisition Corporation (ELEC) as of Q1 2017, down from 23 in Q4 2016.
- Funds reported $133M of Electrum Special Acquisition Corporation stock for Q1 2017, up 0.11% quarter-over-quarter.
- 1 fund opened new Electrum Special Acquisition Corporation positions in Q1 2017 and 3 closed out, a net change of -2 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q1 2017 was Glazer Capital LLC, an estimated $21.6M added.
- The largest Electrum Special Acquisition Corporation seller in Q1 2017 was Oxford Asset Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2017.