Forum Merger II Corporation Unit
FMCIU
FMCIU was delisted on the 13th of October, 2020.
18 hedge funds and large institutions have $42.3M invested in Forum Merger II Corporation Unit in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 6 closing their positions.
19% less capital invested
Capital invested by funds: $52.2M → $42.3M (-$9.9M)
22% less funds holding
Funds holding: 23 → 18 (-5)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Context Capital Management
Lajolla,
California
|
+$3.45M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$563K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$3.73M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$3.06M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$2.29M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.01M |
| 5 |
CI
Cowen Inc
New York
|
-$1.48M |
FMCIU Hedge Fund Activity: Q1 2019 in Review
18 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Forum Merger II Corporation Unit (FMCIU) for Q1 2019, worth a combined $42.3M — down 19% from $52.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FMCIU and 1 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Context Capital Management, opening a new position worth an estimated $3.45M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $3.73M sold.
- 18 institutional investors held Forum Merger II Corporation Unit (FMCIU) as of Q1 2019, down from 23 in Q4 2018.
- Funds reported $42.3M of Forum Merger II Corporation Unit stock for Q1 2019, down 19% quarter-over-quarter.
- 1 fund opened new Forum Merger II Corporation Unit positions in Q1 2019 and 6 closed out, a net change of -5 holders.
- The largest Forum Merger II Corporation Unit buyer in Q1 2019 was Context Capital Management, an estimated $3.45M added.
- The largest Forum Merger II Corporation Unit seller in Q1 2019 was Gabelli & Co Investment Advisers, an estimated $3.73M sold.
Based on aggregated 13F filings for Q1 2019.