East Stone Acquisition Corporation Unit
ESSCU
ESSCU was delisted on the 11th of November, 2022.
6 hedge funds and large institutions have $2.12M invested in East Stone Acquisition Corporation Unit in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 6 closing their positions.
40% less funds holding
Funds holding: 10 → 6 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
92% less capital invested
Capital invested by funds: $26.3M → $2.12M (-$24.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$317K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$240K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$33.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$10.1M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.14M |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$4.96M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.02M |
| 5 |
CAC
Cowen and Company
New York
|
-$393K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
1
Basso Capital Management
Stamford,
Connecticut
| $860K | +$317K | +30,868 | +66% |
|
|
MF
2
Magnetar Financial
Evanston,
Illinois
| $615K | – | – | – |
|
|
CL
3
CSS LLC
Chicago,
Illinois
| $333K | – | – | – |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $260K | +$240K | +23,428 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $39K | +$33.2K | +3,235 | +1,147% |
|
|
EAM
6
Exos Asset Management
New York
| $14K | +$13.3K | +1,300 | New |
|
|
GCL
7
Glazer Capital LLC
New York
| – | -$10.1M | -998,169 | Closed |
|
|
8
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$7.14M | -700,000 | Closed |
|
|
MTCM
9
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$4.96M | -486,072 | Closed |
|
|
PC
10
Periscope Capital
Toronto,
Ontario, Canada
| – | -$2.02M | -198,100 | Closed |
|
|
CAC
11
Cowen and Company
New York
| – | -$393K | -38,546 | Closed |
|
|
KIM
12
Karpus Investment Management
Pittsford,
New York
| – | -$282K | -27,777 | Closed |
|
ESSCU Hedge Fund Activity: Q4 2020 in Review
6 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in East Stone Acquisition Corporation Unit (ESSCU) for Q4 2020, worth a combined $2.12M — down 92% from $26.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ESSCU and 2 opened new positions — a net loss of 4 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Basso Capital Management, adding an estimated $317K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $10.1M sold.
- 6 institutional investors held East Stone Acquisition Corporation Unit (ESSCU) as of Q4 2020, down from 10 in Q3 2020.
- Funds reported $2.12M of East Stone Acquisition Corporation Unit stock for Q4 2020, down 92% quarter-over-quarter.
- 2 funds opened new East Stone Acquisition Corporation Unit positions in Q4 2020 and 6 closed out, a net change of -4 holders.
- The largest East Stone Acquisition Corporation Unit buyer in Q4 2020 was Basso Capital Management, an estimated $317K added.
- The largest East Stone Acquisition Corporation Unit seller in Q4 2020 was Glazer Capital LLC, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2020.