Electrum Special Acquisition Corporation
ELECU
ELECU was delisted on the 31st of May, 2018.
14 hedge funds and large institutions have $58.8M invested in Electrum Special Acquisition Corporation in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
7% more capital invested
Capital invested by funds: $54.8M → $58.8M (+$4.01M)
7% less funds holding
Funds holding: 15 → 14 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$75.7K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.31M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$404K |
| 3 |
LCS
Levin Capital Strategies
New York
|
-$136K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$112K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$29K |
ELECU Hedge Fund Activity: Q4 2016 in Review
14 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECU) for Q4 2016, worth a combined $58.8M — up 7.3% from $54.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ELECU and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Bessemer Group, opening a new position worth an estimated $75.7K. The largest seller was Polar Asset Management Partners, cutting an estimated $2.31M.
- 14 institutional investors held Electrum Special Acquisition Corporation (ELECU) as of Q4 2016, down from 15 in Q3 2016.
- Funds reported $58.8M of Electrum Special Acquisition Corporation stock for Q4 2016, up 7.3% quarter-over-quarter.
- 1 fund opened new Electrum Special Acquisition Corporation positions in Q4 2016 and 2 closed out, a net change of -1 holder.
- The largest Electrum Special Acquisition Corporation buyer in Q4 2016 was Bessemer Group, an estimated $75.7K added.
- The largest Electrum Special Acquisition Corporation seller in Q4 2016 was Polar Asset Management Partners, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2016.