Hennessy Capital Acquisition Corp. IV Unit
HCACU
HCACU was delisted on the 21st of December, 2020.
5 hedge funds and large institutions have $2.6M invested in Hennessy Capital Acquisition Corp. IV Unit in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 7 closing their positions.
55% less funds holding
Funds holding: 11 → 5 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
95% less capital invested
Capital invested by funds: $56.5M → $2.6M (-$54M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$6.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$31.9M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$8.98M |
| 3 |
Millennium Management
New York
|
-$3.45M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$3.16M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LIM
1
Longfellow Investment Management
Boston,
Massachusetts
| $2.02M | -$8.98M | -705,413 | -82% |
|
|
BFM
2
Boothbay Fund Management
New York
| $370K | -$1.84M | -144,562 | -83% |
|
|
BCM
3
Bluefin Capital Management
New York
| $197K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $6K | +$6.42K | +504 | New |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $2K | -$4.28K | -336 | -64% |
|
|
6
BlackRock
New York
| – | -$31.9M | -3,250,000 | Closed |
|
|
7
Millennium Management
New York
| – | -$3.45M | -300,000 | Closed |
|
|
CCA
8
Castle Creek Arbitrage
Avon,
Colorado
| – | -$3.16M | -275,000 | Closed |
|
|
RCM
9
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.25M | -195,926 | Closed |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.58M | -124,040 | -100% |
|
|
AGC
11
Angelo Gordon & Co
New York
| – | -$1.15M | -100,000 | Closed |
|
|
BCM
12
Basso Capital Management
Stamford,
Connecticut
| – | -$875K | -76,100 | Closed |
|
|
GCL
13
Glazer Capital LLC
New York
| – | -$386K | -33,560 | Closed |
|
HCACU Hedge Fund Activity: Q3 2020 in Review
5 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Hennessy Capital Acquisition Corp. IV Unit (HCACU) for Q3 2020, worth a combined $2.6M — down 95% from $56.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HCACU and 1 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $6.42K. The largest seller was BlackRock, exiting entirely with an estimated $31.9M sold.
- 5 institutional investors held Hennessy Capital Acquisition Corp. IV Unit (HCACU) as of Q3 2020, down from 11 in Q2 2020.
- Funds reported $2.6M of Hennessy Capital Acquisition Corp. IV Unit stock for Q3 2020, down 95% quarter-over-quarter.
- 1 fund opened new Hennessy Capital Acquisition Corp. IV Unit positions in Q3 2020 and 7 closed out, a net change of -6 holders.
- The largest Hennessy Capital Acquisition Corp. IV Unit buyer in Q3 2020 was UBS Group, an estimated $6.42K added.
- The largest Hennessy Capital Acquisition Corp. IV Unit seller in Q3 2020 was BlackRock, an estimated $31.9M sold.
Based on aggregated 13F filings for Q3 2020.