Forum Merger II Corporation Unit
FMCIU
FMCIU was delisted on the 13th of October, 2020.
5 hedge funds and large institutions have $2.67M invested in Forum Merger II Corporation Unit in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 9 closing their positions.
58% less funds holding
Funds holding: 12 → 5 (-7)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
87% less capital invested
Capital invested by funds: $20.5M → $2.67M (-$17.8M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.09M |
| 2 |
CAC
Cowen and Company
New York
|
+$239K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.72K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$3.96M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.21M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.67M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.02M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.73M |
FMCIU Hedge Fund Activity: Q1 2020 in Review
5 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Forum Merger II Corporation Unit (FMCIU) for Q1 2020, worth a combined $2.67M — down 87% from $20.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FMCIU and 3 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $1.09M. The largest seller was Cowen Investment Management, exiting entirely with an estimated $3.96M sold.
- 5 institutional investors held Forum Merger II Corporation Unit (FMCIU) as of Q1 2020, down from 12 in Q4 2019.
- Funds reported $2.67M of Forum Merger II Corporation Unit stock for Q1 2020, down 87% quarter-over-quarter.
- 3 funds opened new Forum Merger II Corporation Unit positions in Q1 2020 and 9 closed out, a net change of -6 holders.
- The largest Forum Merger II Corporation Unit buyer in Q1 2020 was Periscope Capital, an estimated $1.09M added.
- The largest Forum Merger II Corporation Unit seller in Q1 2020 was Cowen Investment Management, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2020.