Forum Merger Corporation Unit
FMCIU
FMCIU was delisted on the 22nd of February, 2018.
13 hedge funds and large institutions have $38.6M invested in Forum Merger Corporation Unit in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less capital invested
Capital invested by funds: $45M → $38.6M (-$6.43M)
19% less funds holding
Funds holding: 16 → 13 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
+$128K |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
+$75.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.38M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$1.33M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$984K |
| 4 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$510K |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$479K |
FMCIU Hedge Fund Activity: Q3 2017 in Review
13 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Forum Merger Corporation Unit (FMCIU) for Q3 2017, worth a combined $38.6M — down 14% from $45M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FMCIU and 1 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Shufro Rose & Co, opening a new position worth an estimated $128K. The largest seller was Yakira Capital Management, exiting entirely with an estimated $2.38M sold.
- 13 institutional investors held Forum Merger Corporation Unit (FMCIU) as of Q3 2017, down from 16 in Q2 2017.
- Funds reported $38.6M of Forum Merger Corporation Unit stock for Q3 2017, down 14% quarter-over-quarter.
- 1 fund opened new Forum Merger Corporation Unit positions in Q3 2017 and 4 closed out, a net change of -3 holders.
- The largest Forum Merger Corporation Unit buyer in Q3 2017 was Shufro Rose & Co, an estimated $128K added.
- The largest Forum Merger Corporation Unit seller in Q3 2017 was Yakira Capital Management, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2017.