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ELEC

Electrum Special Acquisition Corporation
ELEC

Delisted

ELEC was delisted on the 29th of May, 2018.

26 hedge funds and large institutions have $154M invested in Electrum Special Acquisition Corporation in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 2

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

30% more funds holding

Funds holding: 2026 (+6)

16% more capital invested

Capital invested by funds: $133M → $154M (+$21.1M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
26
Holders Change
+6
Holders Change %
+30%
% of All Funds
0.65%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
8
Reduced
2
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$23.6M +$4.71M +470,500 +25%
WAM
2
Weiss Asset Management
Massachusetts
$21M +$2.41M +240,502 +13%
GCL
3
Glazer Capital LLC
New York
$16.3M -$8.53M -851,560 -34%
AIM
4
Assured Investment Management
New York
$12.2M +$12.1M +1,209,900 New
WRBC
5
W.R. Berkley Corp
Connecticut
$11.4M +$4.9M +489,323 +76%
FTCM
6
Fir Tree Capital Management
New York
$11.1M
PC
7
Periscope Capital
Ontario, Canada
$9.17M +$261K +26,000 +3%
BCM
8
Basso Capital Management
Connecticut
$9.12M +$4.36M +435,400 +93%
Hudson Bay Capital Management
9
Hudson Bay Capital Management
Connecticut
$8.07M
LCS
10
Levin Capital Strategies
New York
$6.1M +$5.82M +580,782 +2,428%
DKCM
11
Davidson Kempner Capital Management
New York
$5.55M +$5.51M +550,000 New
WAM
12
Wolverine Asset Management
Illinois
$4.58M +$4.55M +453,856 New
KPF
13
K2 Principal Fund
Ontario, Canada
$3.46M
VOAM
14
Vertex One Asset Management
British Columbia, Canada
$2.37M +$2.35M +235,000 New
YCM
15
Yakira Capital Management
Connecticut
$2.32M +$1M +100,000 +77%
MSU
16
Mizuho Securities USA
New York
$2.03M +$1.02M +101,400 +101%
CFIC
17
City Financial Investment Company
United Kingdom
$2.03M +$2.01M +200,766 New
HIM
18
HGC Investment Management
Ontario, Canada
$1.01M +$1M +99,951 New
ICM
19
Ionic Capital Management
New York
$825K -$284K -28,335 -26%
CF
20
CNA Financial
Illinois
$797K +$791K +78,949 New
JC
21
JBF Capital
Colorado
$505K +$501K +50,000 New
BI
22
Bulldog Investors
New Jersey
$273K +$271K +27,020 New
KIM
23
Karpus Investment Management
New York
$131K +$130K +12,950 New
UBS Group
24
UBS Group
Switzerland
$22K +$21.9K +2,182 New
WSL
25
Western Standard LLC
California
$10K +$9.75K +973 New

ELEC Hedge Fund Activity: Q2 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 Q2 2017, worth a combined $154M — up 16% from $133M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ELEC positions and 7 closed out — a net gain of 6 holders — while 8 added to existing stakes and 2 trimmed.

The largest buyer was Assured Investment Management, opening a new position worth an estimated $12.1M. The largest seller was Steadfast Capital Management, exiting entirely with an estimated $9.75M sold.

  • 26 institutional investors held Electrum Special Acquisition Corporation (ELEC) as of Q2 2017, up from 20 in Q1 2017.
  • Funds reported $154M of Electrum Special Acquisition Corporation stock for Q2 2017, up 16% quarter-over-quarter.
  • 13 funds opened new Electrum Special Acquisition Corporation positions in Q2 2017 and 7 closed out, a net change of +6 holders.
  • The largest Electrum Special Acquisition Corporation buyer in Q2 2017 was Assured Investment Management, an estimated $12.1M added.
  • The largest Electrum Special Acquisition Corporation seller in Q2 2017 was Steadfast Capital Management, an estimated $9.75M sold.

Based on aggregated 13F filings for Q2 2017.