Electrum Special Acquisition Corporation
ELECW
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.
7% less capital invested
Capital invested by funds: $4.33M → $4.01M (-$316K)
10% less funds holding
Funds holding: 20 → 18 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$37.6K |
| 2 |
CF
CNA Financial
Chicago,
Illinois
|
+$29.8K |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$21.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$26K |
| 2 |
6CM
683 Capital Management
New York
|
-$21.8K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$14.7K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$5.7K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$5K |
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.