GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock
GIG.RT
GIG.RT was delisted on the 25th of November, 2019.
13 hedge funds and large institutions have $2.83M invested in GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 0 reducing their positions, and 3 closing their positions.
19% less funds holding
Funds holding: 16 → 13 (-3)
43% less capital invested
Capital invested by funds: $4.93M → $2.83M (-$2.1M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$377K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$4.46K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.75K |
| 4 |
Walleye Trading
New York
|
+$437 |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$364 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$20K |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$1.03K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
1
Oxford Asset Management
Oxford,
United Kingdom
| $1.16M | – | – | – |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $467K | +$377K | +1,034,372 | +156% |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $412K | – | – | – |
|
|
KC
4
Kepos Capital
New York
| $261K | – | – | – |
|
|
OCAM
5
Owl Creek Asset Management
New York
| $149K | – | – | – |
|
|
PC
6
Periscope Capital
Toronto,
Ontario, Canada
| $92K | – | – | – |
|
|
BI
7
Bulldog Investors
Saddle Brook,
New Jersey
| $75K | +$4.46K | +12,250 | +5% |
|
|
MCM
8
Moore Capital Management
New York
| $69K | – | – | – |
|
|
6CM
9
683 Capital Management
New York
| $55K | – | – | – |
|
|
KPF
10
K2 Principal Fund
Toronto,
Ontario, Canada
| $45K | +$1.75K | +4,800 | +3% |
|
|
GCL
11
Glazer Capital LLC
New York
| $24K | +$364 | +1,000 | +1% |
|
|
BCM
12
Basso Capital Management
Stamford,
Connecticut
| $14K | – | – | – |
|
|
13
Walleye Trading
New York
| $8K | +$437 | +1,200 | +5% |
|
|
PGC
14
Pacific Grove Capital
San Francisco,
California
| – | -$1.03K | -104,047 | Closed |
|
|
CI
15
Cowen Inc
New York
| – | -$20K | -37,960 | Closed |
|
GIG.RT Hedge Fund Activity: Q4 2018 in Review
13 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock (GIG.RT) for Q4 2018, worth a combined $2.83M — down 43% from $4.93M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GIG.RT and 0 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 5 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $377K. The largest seller was Cowen Inc, exiting entirely with an estimated $20K sold.
- 13 institutional investors held GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock (GIG.RT) as of Q4 2018, down from 16 in Q3 2018.
- Funds reported $2.83M of GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock stock for Q4 2018, down 43% quarter-over-quarter.
- 0 funds opened new GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock positions in Q4 2018 and 3 closed out, a net change of -3 holders.
- The largest GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock buyer in Q4 2018 was Polar Asset Management Partners, an estimated $377K added.
- The largest GigCapital, Inc. Rights, each exchangeable into one-tenth of one share of Common Stock seller in Q4 2018 was Cowen Inc, an estimated $20K sold.
Based on aggregated 13F filings for Q4 2018.