Forum Merger Corporation Unit
FMCIU
FMCIU was delisted on the 22nd of February, 2018.
9 hedge funds and large institutions have $14.6M invested in Forum Merger Corporation Unit in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 7 closing their positions.
31% less funds holding
Funds holding: 13 → 9 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
62% less capital invested
Capital invested by funds: $38.6M → $14.6M (-$24M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$6.56M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$916K |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.2M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$7.75M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.78M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.72M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.32M |
FMCIU Hedge Fund Activity: Q4 2017 in Review
9 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Forum Merger Corporation Unit (FMCIU) for Q4 2017, worth a combined $14.6M — down 62% from $38.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FMCIU and 3 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $6.56M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $8.2M sold.
- 9 institutional investors held Forum Merger Corporation Unit (FMCIU) as of Q4 2017, down from 13 in Q3 2017.
- Funds reported $14.6M of Forum Merger Corporation Unit stock for Q4 2017, down 62% quarter-over-quarter.
- 3 funds opened new Forum Merger Corporation Unit positions in Q4 2017 and 7 closed out, a net change of -4 holders.
- The largest Forum Merger Corporation Unit buyer in Q4 2017 was UBS O'Connor, an estimated $6.56M added.
- The largest Forum Merger Corporation Unit seller in Q4 2017 was Polar Asset Management Partners, an estimated $8.2M sold.
Based on aggregated 13F filings for Q4 2017.