East Stone Acquisition Corporation Ordinary Shares
ESSC
ESSC was delisted on the 11th of November, 2022.
26 hedge funds and large institutions have $87M invested in East Stone Acquisition Corporation Ordinary Shares in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
24% more capital invested
Capital invested by funds: $70.3M → $87M (+$16.8M)
24% more funds holding
Funds holding: 21 → 26 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.25M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.61M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$4.08M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$3.99M |
| 5 |
LA
Linden Advisors
New York
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.62M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.56M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.22M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.08M |
| 5 |
Walleye Trading
New York
|
-$710K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
26
Panagora Asset Management
Boston,
Massachusetts
| $51K | +$51.5K | +5,212 | New |
|
|
UOC
27
UBS O'Connor
Chicago,
Illinois
| – | -$5.62M | -570,000 | Closed |
|
|
28
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.08M | -109,367 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$10K | -1,064 | Closed |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -222 | Closed |
|
ESSC Hedge Fund Activity: Q3 2020 in Review
26 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in East Stone Acquisition Corporation Ordinary Shares (ESSC) for Q3 2020, worth a combined $87M — up 24% from $70.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ESSC positions and 5 closed out — a net gain of 5 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $6.25M. The largest seller was UBS O'Connor, exiting entirely with an estimated $5.62M sold.
- 26 institutional investors held East Stone Acquisition Corporation Ordinary Shares (ESSC) as of Q3 2020, up from 21 in Q2 2020.
- Funds reported $87M of East Stone Acquisition Corporation Ordinary Shares stock for Q3 2020, up 24% quarter-over-quarter.
- 10 funds opened new East Stone Acquisition Corporation Ordinary Shares positions in Q3 2020 and 5 closed out, a net change of +5 holders.
- The largest East Stone Acquisition Corporation Ordinary Shares buyer in Q3 2020 was Bank of Montreal, an estimated $6.25M added.
- The largest East Stone Acquisition Corporation Ordinary Shares seller in Q3 2020 was UBS O'Connor, an estimated $5.62M sold.
Based on aggregated 13F filings for Q3 2020.