East Stone Acquisition Corporation Ordinary Shares
ESSC
ESSC was delisted on the 11th of November, 2022.
27 hedge funds and large institutions have $114M invested in East Stone Acquisition Corporation Ordinary Shares in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
31% more capital invested
Capital invested by funds: $87M → $114M (+$27M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 26 → 27 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$9.51M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$6.92M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$5.86M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$4.81M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.76M |
| 2 |
Walleye Capital
New York
|
-$1.83M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$1.61M |
| 4 |
Walleye Trading
New York
|
-$1.26M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$513K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $22K | +$21.8K | +2,206 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $3K | +$2.67K | +270 | New |
|
|
KIM
28
Karpus Investment Management
Pittsford,
New York
| – | -$4.76M | -482,825 | Closed |
|
|
29
Walleye Capital
New York
| – | -$1.83M | -185,460 | Closed |
|
|
30
Walleye Trading
New York
| – | -$1.26M | -127,557 | Closed |
|
|
MF
31
Magnetar Financial
Evanston,
Illinois
| – | -$233K | -23,700 | Closed |
|
|
OMC
32
Old Mission Capital
Chicago,
Illinois
| – | -$138K | -13,969 | Closed |
|
|
PAM
33
Panagora Asset Management
Boston,
Massachusetts
| – | -$51K | -5,212 | Closed |
|
ESSC Hedge Fund Activity: Q4 2020 in Review
27 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in East Stone Acquisition Corporation Ordinary Shares (ESSC) for Q4 2020, worth a combined $114M — up 31% from $87M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ESSC positions and 6 closed out — a net gain of 1 holder — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $9.51M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $4.76M sold.
- 27 institutional investors held East Stone Acquisition Corporation Ordinary Shares (ESSC) as of Q4 2020, up from 26 in Q3 2020.
- Funds reported $114M of East Stone Acquisition Corporation Ordinary Shares stock for Q4 2020, up 31% quarter-over-quarter.
- 7 funds opened new East Stone Acquisition Corporation Ordinary Shares positions in Q4 2020 and 6 closed out, a net change of +1 holder.
- The largest East Stone Acquisition Corporation Ordinary Shares buyer in Q4 2020 was Glazer Capital LLC, an estimated $9.51M added.
- The largest East Stone Acquisition Corporation Ordinary Shares seller in Q4 2020 was Karpus Investment Management, an estimated $4.76M sold.
Based on aggregated 13F filings for Q4 2020.