Electrum Special Acquisition Corporation
ELECU
ELECU was delisted on the 31st of May, 2018.
5 hedge funds and large institutions have $11.2M invested in Electrum Special Acquisition Corporation in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
62% less funds holding
Funds holding: 13 → 5 (-8)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
81% less capital invested
Capital invested by funds: $60.2M → $11.2M (-$49M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.02K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$12.6M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$11.4M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$8.86M |
| 4 |
LCS
Levin Capital Strategies
New York
|
-$6.27M |
| 5 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$3.23M |
ELECU Hedge Fund Activity: Q2 2017 in Review
5 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECU) for Q2 2017, worth a combined $11.2M — down 81% from $60.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ELECU and 2 opened new positions — a net loss of 8 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $1.02K. The largest seller was Assured Investment Management, exiting entirely with an estimated $12.6M sold.
- 5 institutional investors held Electrum Special Acquisition Corporation (ELECU) as of Q2 2017, down from 13 in Q1 2017.
- Funds reported $11.2M of Electrum Special Acquisition Corporation stock for Q2 2017, down 81% quarter-over-quarter.
- 2 funds opened new Electrum Special Acquisition Corporation positions in Q2 2017 and 10 closed out, a net change of -8 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q2 2017 was UBS Group, an estimated $1.02K added.
- The largest Electrum Special Acquisition Corporation seller in Q2 2017 was Assured Investment Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2017.