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FMCIU

Forum Merger II Corporation Unit

Delisted

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.

New
Increased
Maintained
Reduced
Closed

58% less funds holding

Funds holding: 125 (-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

Holders
5
Holders Change
-7
Holders Change %
-58.33%
% of All Funds
0.11%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
Reduced
1
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PC
1
Periscope Capital
Ontario, Canada
$1.03M +$1.09M +100,000 New
JG
2
Jefferies Group
New York
$858K
Walleye Trading
3
Walleye Trading
New York
$542K -$48.5K -4,461 -8%
CAC
4
Cowen and Company
New York
$227K +$239K +21,952 New
UBS Group
5
UBS Group
Switzerland
$9K +$9.72K +893 New
CIM
6
Cowen Investment Management
New York
-$3.96M -369,052 Closed
KPF
7
K2 Principal Fund
Ontario, Canada
-$3.21M -299,600 Closed
Deutsche Bank
8
Deutsche Bank
Germany
-$2.67M -250,000 Closed
Hudson Bay Capital Management
9
Hudson Bay Capital Management
Connecticut
-$2.02M -188,000 Closed
CCA
10
Castle Creek Arbitrage
Colorado
-$1.73M -161,500 Closed
YCM
11
Yakira Capital Management
Connecticut
-$1.29M -120,000 Closed
BCM
12
Basso Capital Management
Connecticut
-$1.07M -100,000 Closed
GCL
13
Glazer Capital LLC
New York
-$1.03M -96,000 Closed
LIM
14
Longfellow Investment Management
Massachusetts
-$403K -37,527 Closed

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.