Hennessy Capital Acquisition Corp. IV Unit
HCACU
HCACU was delisted on the 21st of December, 2020.
23 hedge funds and large institutions have $119M invested in Hennessy Capital Acquisition Corp. IV Unit in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 12 closing their positions.
30% less funds holding
Funds holding: 33 → 23 (-10)
53% less capital invested
Capital invested by funds: $251M → $119M (-$132M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$10.2M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$512K |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$146K |
| 4 |
Millennium Management
New York
|
+$96.1K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$28M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$22.4M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$20.2M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$18.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AQR Arbitrage
Greenwich,
Connecticut
| – | -$20.2M | -2,000,000 | Closed |
|
|
MF
27
Magnetar Financial
Evanston,
Illinois
| – | -$18.1M | -1,800,000 | Closed |
|
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12.6M | -1,250,000 | Closed |
|
|
TCM
29
Tenor Capital Management
New York
| – | -$5.51M | -546,467 | Closed |
|
|
WCMNY
30
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$5.04M | -500,000 | Closed |
|
|
MCM
31
Moore Capital Management
New York
| – | -$4.03M | -400,000 | Closed |
|
|
WRBC
32
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$4M | -396,880 | Closed |
|
33
Verition Fund Management
Greenwich,
Connecticut
| – | -$2.27M | -225,000 | Closed |
|
|
OAM
34
Oxford Asset Management
Oxford,
United Kingdom
| – | -$1.58M | -157,244 | Closed |
|
35
Geode Capital Management
Boston,
Massachusetts
| – | -$834K | -82,816 | Closed |
|
HCACU Hedge Fund Activity: Q2 2019 in Review
23 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Hennessy Capital Acquisition Corp. IV Unit (HCACU) for Q2 2019, worth a combined $119M — down 53% from $251M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HCACU and 2 opened new positions — a net loss of 10 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $10.2M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $28M sold.
- 23 institutional investors held Hennessy Capital Acquisition Corp. IV Unit (HCACU) as of Q2 2019, down from 33 in Q1 2019.
- Funds reported $119M of Hennessy Capital Acquisition Corp. IV Unit stock for Q2 2019, down 53% quarter-over-quarter.
- 2 funds opened new Hennessy Capital Acquisition Corp. IV Unit positions in Q2 2019 and 12 closed out, a net change of -10 holders.
- The largest Hennessy Capital Acquisition Corp. IV Unit buyer in Q2 2019 was Hudson Bay Capital Management, an estimated $10.2M added.
- The largest Hennessy Capital Acquisition Corp. IV Unit seller in Q2 2019 was Weiss Asset Management, an estimated $28M sold.
Based on aggregated 13F filings for Q2 2019.