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ELECW

Electrum Special Acquisition Corporation

Delisted

ELECW was delisted on the 6th of June, 2018.

18 hedge funds and large institutions have $4.01M invested in Electrum Special Acquisition Corporation in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less capital invested

Capital invested by funds: $4.33M → $4.01M (-$316K)

10% less funds holding

Funds holding: 2018 (-2)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

Holders
18
Holders Change
-2
Holders Change %
-10%
% of All Funds
0.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
2
Reduced
4
Closed
3
Calls
$54K
Puts
Net Calls
+$54K
Net Calls Change
+$11K
Name Holding Trade Value Shares
Change
Change in
Stake
FTCM
1
Fir Tree Capital Management
New York
$446K
DKCM
2
Davidson Kempner Capital Management
New York
$413K
SCM
3
Steadfast Capital Management
New York
$405K
AA
4
AQR Arbitrage
Connecticut
$401K
6CM
5
683 Capital Management
New York
$397K -$21.8K -57,725 -6%
BGC
6
Birch Grove Capital
New York
$365K
HCM
7
Highfields Capital Management
Massachusetts
$344K
SI
8
Sprott Inc
Ontario, Canada
$274K +$21.9K +57,966 +9%
LCS
9
Levin Capital Strategies
New York
$273K -$2.3K -6,100 -0.9%
PAMP
10
Polar Asset Management Partners
Ontario, Canada
$214K
VOAM
11
Vertex One Asset Management
British Columbia, Canada
$130K
WAM
12
Wolverine Asset Management
Illinois
$116K
MCM
13
Moore Capital Management
New York
$101K
BI
14
Bulldog Investors
New Jersey
$59K +$37.6K +99,687 +208%
KPF
15
K2 Principal Fund
Ontario, Canada
$42K -$14.7K -38,999 -27%
GCL
16
Glazer Capital LLC
New York
$30K -$5.7K -15,100 -17%
UBS Group
17
UBS Group
Switzerland
$2K +$1.4K +3,700 New
BCM
18
Bluefin Capital Management
New York
-$26K -82,100 Closed
BCM
19
Basso Capital Management
Connecticut
-$5K -14,900 Closed
VF
20
Virtu Financial
New York
-$4K -11,629 Closed
CF
21
CNA Financial
Illinois
+$29.8K +78,949 New

ELECW Hedge Fund Activity: Q4 2017 in Review

18 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Electrum Special Acquisition Corporation (ELECW) for Q4 2017, worth a combined $4.01M — down 7.3% from $4.33M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of ELECW and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.

The largest buyer was Bulldog Investors, adding an estimated $37.6K. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $26K sold.

  • 18 institutional investors held Electrum Special Acquisition Corporation (ELECW) as of Q4 2017, down from 20 in Q3 2017.
  • Funds reported $4.01M of Electrum Special Acquisition Corporation stock for Q4 2017, down 7.3% quarter-over-quarter.
  • 2 funds opened new Electrum Special Acquisition Corporation positions in Q4 2017 and 3 closed out, a net change of -1 holder.
  • The largest Electrum Special Acquisition Corporation buyer in Q4 2017 was Bulldog Investors, an estimated $37.6K added.
  • The largest Electrum Special Acquisition Corporation seller in Q4 2017 was Bluefin Capital Management, an estimated $26K sold.

Based on aggregated 13F filings for Q4 2017.