Experience Investment Corp. Unit
EXPCU
EXPCU was delisted on the 7th of May, 2021.
19 hedge funds and large institutions have $57.6M invested in Experience Investment Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 12 closing their positions.
39% less funds holding
Funds holding: 31 → 19 (-12)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
58% less capital invested
Capital invested by funds: $136M → $57.6M (-$78.5M)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$4.06M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$83K |
| 3 |
EIP
Easterly Investment Partners
Beverly,
Massachusetts
|
+$54.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$12.1M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$10.1M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.1M |
| 4 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$9.03M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$7.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
26
Centiva Capital
New York
| – | -$1.51M | -150,300 | Closed |
|
|
DCM
27
Dupont Capital Management
Wilmington,
Delaware
| – | -$1.02M | -99,999 | -100% |
|
28
Citigroup
New York
| – | -$940K | -92,700 | Closed |
|
|
KC
29
Kepos Capital
New York
| – | -$530K | -52,340 | Closed |
|
30
Stifel Financial
St. Louis,
Missouri
| – | -$277K | -27,660 | Closed |
|
|
ICM
31
Ionic Capital Management
New York
| – | -$203K | -20,000 | Closed |
|
EXPCU Hedge Fund Activity: Q1 2020 in Review
19 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Experience Investment Corp. Unit (EXPCU) for Q1 2020, worth a combined $57.6M — down 58% from $136M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EXPCU and 1 opened new positions — a net loss of 11 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Picton Mahoney Asset Management, opening a new position worth an estimated $4.06M. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $12.1M sold.
- 19 institutional investors held Experience Investment Corp. Unit (EXPCU) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $57.6M of Experience Investment Corp. Unit stock for Q1 2020, down 58% quarter-over-quarter.
- 1 fund opened new Experience Investment Corp. Unit positions in Q1 2020 and 12 closed out, a net change of -11 holders.
- The largest Experience Investment Corp. Unit buyer in Q1 2020 was Picton Mahoney Asset Management, an estimated $4.06M added.
- The largest Experience Investment Corp. Unit seller in Q1 2020 was Sage Rock Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2020.