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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 $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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0% more funds holding

Funds holding: 2626 (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

Holders
26
Holders Change
Holders Change %
0%
% of All Funds
0.65%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
3
Increased
5
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$24M
WAM
2
Weiss Asset Management
Massachusetts
$23.4M +$2.12M +209,700 +10%
CFIC
3
City Financial Investment Company
United Kingdom
$12.8M +$10.6M +1,049,634 +523%
WRBC
4
W.R. Berkley Corp
Connecticut
$11.6M
FTCM
5
Fir Tree Capital Management
New York
$11.3M
BCM
6
Basso Capital Management
Connecticut
$9.27M
Hudson Bay Capital Management
7
Hudson Bay Capital Management
Connecticut
$8.2M
PC
8
Periscope Capital
Ontario, Canada
$6.74M -$2.55M -251,700 -28%
LCS
9
Levin Capital Strategies
New York
$6.02M -$177K -17,500 -3%
GCL
10
Glazer Capital LLC
New York
$5.81M -$10.7M -1,053,061 -65%
DKCM
11
Davidson Kempner Capital Management
New York
$5.62M
MSU
12
Mizuho Securities USA
New York
$5.14M +$3.08M +303,500 +151%
WAM
13
Wolverine Asset Management
Illinois
$4.65M
KPF
14
K2 Principal Fund
Ontario, Canada
$3.53M +$19.3K +1,900 +0.6%
WCMNY
15
Westchester Capital Management (New York)
New York
$3.08M +$3.04M +300,000 New
HIM
16
HGC Investment Management
Ontario, Canada
$3.07M +$2.03M +200,000 +200%
VOAM
17
Vertex One Asset Management
British Columbia, Canada
$2.41M
YCM
18
Yakira Capital Management
Connecticut
$2.35M
AIM
19
Assured Investment Management
New York
$1.58M -$10.7M -1,055,719 -87%
CF
20
CNA Financial
Illinois
$809K
ICM
21
Ionic Capital Management
New York
$798K -$39.2K -3,868 -5%
BI
22
Bulldog Investors
New Jersey
$287K
CL
23
CSS LLC
Illinois
$278K +$275K +27,118 New
KIM
24
Karpus Investment Management
New York
$133K
UBS Group
25
UBS Group
Switzerland
$19K -$3.04K -300 -14%

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.