GARNERO GROUP ACQUISITION CO SHS
GGAC
GGAC was delisted on the 20th of July, 2016.
12 hedge funds and large institutions have $69M invested in GARNERO GROUP ACQUISITION CO SHS in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, reducing their positions, and closing their positions.
176% more capital invested
Capital invested by funds: $25M → $69M (+$44M)
71% more funds holding
Funds holding: 7 → 12 (+5)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$22.7M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$5.61M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$5.51M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.24M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$2.87M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
AQR Capital Management
Greenwich,
Connecticut
| $22.6M | +$22.7M | +2,370,000 | New |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $17.1M | +$5.24M | +546,600 | +44% |
|
|
BI
3
Bulldog Investors
Saddle Brook,
New Jersey
| $5.59M | +$5.61M | +585,800 | New |
|
|
WAM
4
Weiss Asset Management
Boston,
Massachusetts
| $5.5M | – | – | – |
|
|
DKCM
5
Davidson Kempner Capital Management
New York
| $5.49M | +$5.51M | +575,000 | New |
|
6
Hudson Bay Capital Management
Stamford,
Connecticut
| $4.78M | – | – | – |
|
|
ECP
7
Empyrean Capital Partners
Los Angeles,
California
| $2.87M | +$2.87M | +300,000 | New |
|
|
WRBC
8
W.R. Berkley Corp
Greenwich,
Connecticut
| $2.47M | – | – | – |
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.92M | +$1.85M | +193,508 | +2,419% |
|
|
GCL
10
Glazer Capital LLC
New York
| $636K | +$306K | +31,987 | +93% |
|
|
CCM
11
Context Capital Management
Lajolla,
California
| $2.16K | +$2.17M | +226,000 | New |
|
GGAC Hedge Fund Activity: Q4 2014 in Review
12 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in GARNERO GROUP ACQUISITION CO SHS (GGAC) for Q4 2014, worth a combined $69M — up 176% from $25M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GGAC positions and 0 closed out — a net gain of 5 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $22.7M.
- 12 institutional investors held GARNERO GROUP ACQUISITION CO SHS (GGAC) as of Q4 2014, up from 7 in Q3 2014.
- Funds reported $69M of GARNERO GROUP ACQUISITION CO SHS stock for Q4 2014, up 176% quarter-over-quarter.
- 5 funds opened new GARNERO GROUP ACQUISITION CO SHS positions in Q4 2014 and 0 closed out, a net change of +5 holders.
- The largest GARNERO GROUP ACQUISITION CO SHS buyer in Q4 2014 was AQR Capital Management, an estimated $22.7M added.
Based on aggregated 13F filings for Q4 2014.