Healthcare Merger Corp. Units
HCCOU
HCCOU was delisted on the 29th of October, 2020.
31 hedge funds and large institutions have $63.6M invested in Healthcare Merger Corp. Units in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 25 closing their positions.
40% less funds holding
Funds holding: 52 → 31 (-21)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
74% less capital invested
Capital invested by funds: $249M → $63.6M (-$186M)
80% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$2.25M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$2.1M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$1.23M |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.22M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$871K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$17.7M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$16.8M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$16.6M |
| 4 |
Millennium Management
New York
|
-$15.6M |
| 5 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$15.1M |
HCCOU Hedge Fund Activity: Q1 2020 in Review
31 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Healthcare Merger Corp. Units (HCCOU) for Q1 2020, worth a combined $63.6M — down 74% from $249M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HCCOU and 5 opened new positions — a net loss of 20 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was Radcliffe Capital Management, opening a new position worth an estimated $2.25M. The largest seller was Linden Advisors, exiting entirely with an estimated $17.7M sold.
- 31 institutional investors held Healthcare Merger Corp. Units (HCCOU) as of Q1 2020, down from 52 in Q4 2019.
- Funds reported $63.6M of Healthcare Merger Corp. Units stock for Q1 2020, down 74% quarter-over-quarter.
- 5 funds opened new Healthcare Merger Corp. Units positions in Q1 2020 and 25 closed out, a net change of -20 holders.
- The largest Healthcare Merger Corp. Units buyer in Q1 2020 was Radcliffe Capital Management, an estimated $2.25M added.
- The largest Healthcare Merger Corp. Units seller in Q1 2020 was Linden Advisors, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2020.