Electrum Special Acquisition Corporation
ELECU
ELECU was delisted on the 31st of May, 2018.
18 hedge funds and large institutions have $81.2M invested in Electrum Special Acquisition Corporation in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0% less capital invested
Capital invested by funds: $81.2M → $81.2M (-$4K)
18% less funds holding
Funds holding: 22 → 18 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Birch Grove Capital
New York
|
+$9.54M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$3.61M |
| 3 |
AIM
Assured Investment Management
New York
|
+$1.08M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$492K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
-$3.98M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.13M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.73M |
| 4 |
WIM
Wingspan Investment Management
New York
|
-$1.59M |
| 5 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$1.35M |
ELECU Hedge Fund Activity: Q1 2016 in Review
18 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECU) for Q1 2016, worth a combined $81.2M — down 0% from $81.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ELECU and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Birch Grove Capital, opening a new position worth an estimated $9.54M. The largest seller was Gruss Capital Management, exiting entirely with an estimated $3.98M sold.
- 18 institutional investors held Electrum Special Acquisition Corporation (ELECU) as of Q1 2016, down from 22 in Q4 2015.
- Funds reported $81.2M of Electrum Special Acquisition Corporation stock for Q1 2016, down 0% quarter-over-quarter.
- 1 fund opened new Electrum Special Acquisition Corporation positions in Q1 2016 and 5 closed out, a net change of -4 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q1 2016 was Birch Grove Capital, an estimated $9.54M added.
- The largest Electrum Special Acquisition Corporation seller in Q1 2016 was Gruss Capital Management, an estimated $3.98M sold.
Based on aggregated 13F filings for Q1 2016.