Electrum Special Acquisition Corporation
ELECU
ELECU was delisted on the 31st of May, 2018.
13 hedge funds and large institutions have $60.2M invested in Electrum Special Acquisition Corporation in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
2% more capital invested
Capital invested by funds: $58.8M → $60.2M (+$1.41M)
7% less funds holding
Funds holding: 14 → 13 (-1)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
-$127K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$42.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
1
Assured Investment Management
New York
| $12.6M | – | – | – |
|
|
DKCM
2
Davidson Kempner Capital Management
New York
| $11.4M | – | – | – |
|
|
SM
3
Scoggin Management
New York
| $9.61M | – | – | – |
|
|
HCM
4
Highfields Capital Management
Boston,
Massachusetts
| $8.86M | – | – | – |
|
|
LCS
5
Levin Capital Strategies
New York
| $6.27M | -$127K | -12,200 | -2% |
|
|
VOAM
6
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| $3.23M | +$104K | +10,000 | +3% |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $2.98M | -$42.7K | -4,100 | -1% |
|
|
PAMP
8
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $1.5M | – | – | – |
|
|
BCM
9
Basso Capital Management
Stamford,
Connecticut
| $1.3M | – | – | – |
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.03M | – | – | – |
|
|
CF
11
CNA Financial
Chicago,
Illinois
| $816K | – | – | – |
|
|
JC
12
JBF Capital
Aspen,
Colorado
| $517K | – | – | – |
|
13
Bessemer Group
Woodbridge,
New Jersey
| $78K | – | – | – |
|
|
14
UBS Group
Zurich,
Switzerland
| – | -$6K | -575 | Closed |
|
ELECU Hedge Fund Activity: Q1 2017 in Review
13 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECU) for Q1 2017, worth a combined $60.2M — up 2.4% from $58.8M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of ELECU and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Vertex One Asset Management, adding an estimated $104K. The largest seller was Levin Capital Strategies, cutting an estimated $127K.
- 13 institutional investors held Electrum Special Acquisition Corporation (ELECU) as of Q1 2017, down from 14 in Q4 2016.
- Funds reported $60.2M of Electrum Special Acquisition Corporation stock for Q1 2017, up 2.4% quarter-over-quarter.
- 0 funds opened new Electrum Special Acquisition Corporation positions in Q1 2017 and 1 closed out, a net change of -1 holder.
- The largest Electrum Special Acquisition Corporation buyer in Q1 2017 was Vertex One Asset Management, an estimated $104K added.
- The largest Electrum Special Acquisition Corporation seller in Q1 2017 was Levin Capital Strategies, an estimated $127K sold.
Based on aggregated 13F filings for Q1 2017.