Gordon Pointe Acquisition Corp. Unit
GPAQU
GPAQU was delisted on the 1st of July, 2020.
15 hedge funds and large institutions have $24.1M invested in Gordon Pointe Acquisition Corp. Unit in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 5 closing their positions.
17% less funds holding
Funds holding: 18 → 15 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
45% less capital invested
Capital invested by funds: $43.6M → $24.1M (-$19.5M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Trading
New York
|
+$657K |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$36.9K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$6.32M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$3.93M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$3.84M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
-$3.59M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$2.02M |
GPAQU Hedge Fund Activity: Q3 2018 in Review
15 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Gordon Pointe Acquisition Corp. Unit (GPAQU) for Q3 2018, worth a combined $24.1M — down 45% from $43.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GPAQU and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Walleye Trading, opening a new position worth an estimated $657K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $6.32M sold.
- 15 institutional investors held Gordon Pointe Acquisition Corp. Unit (GPAQU) as of Q3 2018, down from 18 in Q2 2018.
- Funds reported $24.1M of Gordon Pointe Acquisition Corp. Unit stock for Q3 2018, down 45% quarter-over-quarter.
- 2 funds opened new Gordon Pointe Acquisition Corp. Unit positions in Q3 2018 and 5 closed out, a net change of -3 holders.
- The largest Gordon Pointe Acquisition Corp. Unit buyer in Q3 2018 was Walleye Trading, an estimated $657K added.
- The largest Gordon Pointe Acquisition Corp. Unit seller in Q3 2018 was AQR Arbitrage, an estimated $6.32M sold.
Based on aggregated 13F filings for Q3 2018.