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.
5 hedge funds and large institutions have $21.4M invested in Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 6 closing their positions.
54% less capital invested
Capital invested by funds: $46.1M → $21.4M (-$24.8M)
55% less funds holding
Funds holding: 11 → 5 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$13.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.1M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.68M |
| 4 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
-$1.55M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMU
1
Pictet Asset Management (UK)
London,
United Kingdom
| $14.3M | – | – | – |
|
2
Hudson Bay Capital Management
Stamford,
Connecticut
| $5.55M | – | – | – |
|
|
BCM
3
Basso Capital Management
Stamford,
Connecticut
| $838K | – | – | – |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $444K | – | – | – |
|
|
KC
5
Kepos Capital
New York
| $256K | – | – | – |
|
|
PAMP
6
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$13.9M | -1,244,400 | Closed |
|
|
7
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$5.1M | -457,060 | Closed |
|
|
LIM
8
Longfellow Investment Management
Boston,
Massachusetts
| – | -$1.68M | -150,196 | Closed |
|
|
CFIC
9
City Financial Investment Company
London,
United Kingdom
| – | -$1.55M | -139,000 | Closed |
|
|
JGC
10
J. Goldman & Co
New York
| – | -$1.2M | -107,737 | Closed |
|
|
CI
11
Cowen Inc
New York
| – | -$558 | -50,001 | Closed |
|
HCAC.U Hedge Fund Activity: Q3 2018 in Review
5 of the 4,374 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 Q3 2018, worth a combined $21.4M — down 54% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HCAC.U and 0 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $13.9M sold.
- 5 institutional investors held Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h (HCAC.U) as of Q3 2018, down from 11 in Q2 2018.
- Funds reported $21.4M of Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h stock for Q3 2018, down 54% quarter-over-quarter.
- 0 funds opened new Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h positions in Q3 2018 and 6 closed out, a net change of -6 holders.
- The largest Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h seller in Q3 2018 was Polar Asset Management Partners, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2018.