Electrum Special Acquisition Corporation
ELECU
ELECU was delisted on the 31st of May, 2018.
22 hedge funds and large institutions have $81.2M invested in Electrum Special Acquisition Corporation in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
16% more funds holding
Funds holding: 19 → 22 (+3)
5% less capital invested
Capital invested by funds: $85.3M → $81.2M (-$4.07M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$3.95M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.58M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$1.98M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$340K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCI
Seneca Capital Investments
New York
|
-$7.41M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$6.92M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.02M |
| 4 |
LCS
Levin Capital Strategies
New York
|
-$269K |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$250K |
ELECU Hedge Fund Activity: Q4 2015 in Review
22 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECU) for Q4 2015, worth a combined $81.2M — down 4.8% from $85.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ELECU positions and 3 closed out — a net gain of 3 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $3.95M. The largest seller was Seneca Capital Investments, exiting entirely with an estimated $7.41M sold.
- 22 institutional investors held Electrum Special Acquisition Corporation (ELECU) as of Q4 2015, up from 19 in Q3 2015.
- Funds reported $81.2M of Electrum Special Acquisition Corporation stock for Q4 2015, down 4.8% quarter-over-quarter.
- 6 funds opened new Electrum Special Acquisition Corporation positions in Q4 2015 and 3 closed out, a net change of +3 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q4 2015 was Hudson Bay Capital Management, an estimated $3.95M added.
- The largest Electrum Special Acquisition Corporation seller in Q4 2015 was Seneca Capital Investments, an estimated $7.41M sold.
Based on aggregated 13F filings for Q4 2015.