East Stone Acquisition Corporation Unit
ESSCU
ESSCU was delisted on the 11th of November, 2022.
18 hedge funds and large institutions have $35.7M invested in East Stone Acquisition Corporation Unit in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 12 closing their positions.
36% less funds holding
Funds holding: 28 → 18 (-10)
66% less capital invested
Capital invested by funds: $106M → $35.7M (-$70.2M)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$556K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.4K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$6.45K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$4.98K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$179 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.3M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.86M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.11M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$6.82M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
26
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.71M | -173,932 | Closed |
|
27
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.47M | -150,000 | Closed |
|
|
AFM
28
Anson Funds Management
Dallas,
Texas
| – | -$980K | -100,000 | Closed |
|
|
ICM
29
Ionic Capital Management
New York
| – | -$466K | -47,522 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | +$179 | +18 | New |
|
ESSCU Hedge Fund Activity: Q2 2020 in Review
18 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in East Stone Acquisition Corporation Unit (ESSCU) for Q2 2020, worth a combined $35.7M — down 66% from $106M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ESSCU and 3 opened new positions — a net loss of 9 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $556K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $12.3M sold.
- 18 institutional investors held East Stone Acquisition Corporation Unit (ESSCU) as of Q2 2020, down from 28 in Q1 2020.
- Funds reported $35.7M of East Stone Acquisition Corporation Unit stock for Q2 2020, down 66% quarter-over-quarter.
- 3 funds opened new East Stone Acquisition Corporation Unit positions in Q2 2020 and 12 closed out, a net change of -9 holders.
- The largest East Stone Acquisition Corporation Unit buyer in Q2 2020 was Magnetar Financial, an estimated $556K added.
- The largest East Stone Acquisition Corporation Unit seller in Q2 2020 was Polar Asset Management Partners, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2020.