Electrum Special Acquisition Corporation
ELECW
ELECW was delisted on the 6th of June, 2018.
15 hedge funds and large institutions have $4.62M invested in Electrum Special Acquisition Corporation in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
67% more capital invested
Capital invested by funds: $2.77M → $4.62M (+$1.85M)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
12% less funds holding
Funds holding: 17 → 15 (-2)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$450K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$159K |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$18.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$145K |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$95.4K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$44.5K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$42.9K |
| 5 |
BGC
Birch Grove Capital
New York
|
-$36.9K |
ELECW Hedge Fund Activity: Q1 2017 in Review
15 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECW) for Q1 2017, worth a combined $4.62M — up 67% from $2.77M a quarter earlier.
Fund positioning in ELECW was balanced in Q1 2017: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 5 trimmed.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $450K. The largest seller was 683 Capital Management, cutting an estimated $145K.
- 15 institutional investors held Electrum Special Acquisition Corporation (ELECW) as of Q1 2017, down from 17 in Q4 2016.
- Funds reported $4.62M of Electrum Special Acquisition Corporation stock for Q1 2017, up 67% quarter-over-quarter.
- 1 fund opened new Electrum Special Acquisition Corporation positions in Q1 2017 and 1 closed out, a net change of 0 holders.
- The largest Electrum Special Acquisition Corporation buyer in Q1 2017 was AQR Arbitrage, an estimated $450K added.
- The largest Electrum Special Acquisition Corporation seller in Q1 2017 was 683 Capital Management, an estimated $145K sold.
Based on aggregated 13F filings for Q1 2017.