Happen Inc
HAPN
115 hedge funds and large institutions have $277M invested in Happen Inc in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 18 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
16.72% more ownership
Funds ownership: 72.02% → 88.74% (+17%)
5% more funds holding
Funds holding: 110 → 115 (+5)
29% less call options, than puts
Call options by funds: $2.87M | Put options by funds: $4.05M
45% less capital invested
Capital invested by funds: $503M → $277M (-$226M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$13M |
| 2 |
JG
Jefferies Group
New York
|
+$4.06M |
| 3 |
Millennium Management
New York
|
+$4.03M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.03M |
| 5 |
Renaissance Technologies
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.3M |
| 3 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$11M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.43M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
-$2.02M |
HAPN Hedge Fund Activity: Q2 2020 in Review
115 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Happen Inc (HAPN) for Q2 2020, worth a combined $277M — down 45% from $503M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HAPN positions and 18 closed out — a net gain of 5 holders — while 38 added to existing stakes and 27 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $13M. The largest seller was Morgan Stanley, cutting an estimated $16M.
- 115 institutional investors held Happen Inc (HAPN) as of Q2 2020, up from 110 in Q1 2020.
- Funds reported $277M of Happen Inc stock for Q2 2020, down 45% quarter-over-quarter.
- 23 funds opened new Happen Inc positions in Q2 2020 and 18 closed out, a net change of +5 holders.
- The largest Happen Inc buyer in Q2 2020 was Assenagon Asset Management, an estimated $13M added.
- The largest Happen Inc seller in Q2 2020 was Morgan Stanley, an estimated $16M sold.
Based on aggregated 13F filings for Q2 2020.