Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h
HCAC.U
HCAC.U was delisted on the 11th of October, 2018.
11 hedge funds and large institutions have $46.7M invested in Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 8 closing their positions.
24% less capital invested
Capital invested by funds: $61.5M → $46.7M (-$14.8M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
39% less funds holding
Funds holding: 18 → 11 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.7M |
| 2 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$1.49M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$459K |
| 4 |
KC
Kepos Capital
New York
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.29M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$5.27M |
| 3 |
CI
Cowen Inc
New York
|
-$4.28M |
| 4 |
BlackRock
New York
|
-$1.64M |
| 5 |
BCM
Bluefin Capital Management
New York
|
-$1.34M |
HCAC.U Hedge Fund Activity: Q2 2018 in Review
11 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h (HCAC.U) for Q2 2018, worth a combined $46.7M — down 24% from $61.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HCAC.U and 1 opened new positions — a net loss of 7 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Deutsche Bank, adding an estimated $2.7M. The largest seller was Periscope Capital, exiting entirely with an estimated $5.29M sold.
- 11 institutional investors held Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h (HCAC.U) as of Q2 2018, down from 18 in Q1 2018.
- Funds reported $46.7M of Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h stock for Q2 2018, down 24% quarter-over-quarter.
- 1 fund opened new Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h positions in Q2 2018 and 8 closed out, a net change of -7 holders.
- The largest Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h buyer in Q2 2018 was Deutsche Bank, an estimated $2.7M added.
- The largest Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h seller in Q2 2018 was Periscope Capital, an estimated $5.29M sold.
Based on aggregated 13F filings for Q2 2018.