Haymaker Acquisition Corp. Unit
HYACU
HYACU was delisted on the 7th of March, 2019.
31 hedge funds and large institutions have $188M invested in Haymaker Acquisition Corp. Unit in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
14% less funds holding
Funds holding: 36 → 31 (-5)
17% less capital invested
Capital invested by funds: $227M → $188M (-$38.7M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.79M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$2.55M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.09M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$899K |
| 5 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$552K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$13.9M |
| 2 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$9.9M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.95M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Bluefin Capital Management
New York
| $995K | – | – | – |
|
27
Hudson Bay Capital Management
Stamford,
Connecticut
| $995K | – | – | – |
|
|
HIM
28
HGC Investment Management
Toronto,
Ontario, Canada
| $695K | -$7.9M | -792,930 | -92% |
|
|
HCMT
29
Highland Capital Management (Texas)
Dallas,
Texas
| $597K | – | – | – |
|
|
KC
30
Kepos Capital
New York
| $156K | +$157K | +15,707 | New |
|
31
UBS Group
Zurich,
Switzerland
| $60K | +$37.9K | +3,799 | +169% |
|
|
AA
32
AQR Arbitrage
Greenwich,
Connecticut
| – | -$13.9M | -1,399,960 | Closed |
|
|
BPCM
33
Beach Point Capital Management
Santa Monica,
California
| – | -$9.9M | -1,000,000 | Closed |
|
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4.95M | -500,000 | Closed |
|
|
FM
35
Fondren Management
Houston,
Texas
| – | -$1.49M | -150,000 | Closed |
|
|
LCS
36
Levin Capital Strategies
New York
| – | -$495K | -50,000 | Closed |
|
|
TSS
37
Two Sigma Securities
New York
| – | -$115K | -11,657 | Closed |
|
HYACU Hedge Fund Activity: Q1 2018 in Review
31 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Haymaker Acquisition Corp. Unit (HYACU) for Q1 2018, worth a combined $188M — down 17% from $227M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HYACU and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.79M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $13.9M sold.
- 31 institutional investors held Haymaker Acquisition Corp. Unit (HYACU) as of Q1 2018, down from 36 in Q4 2017.
- Funds reported $188M of Haymaker Acquisition Corp. Unit stock for Q1 2018, down 17% quarter-over-quarter.
- 1 fund opened new Haymaker Acquisition Corp. Unit positions in Q1 2018 and 6 closed out, a net change of -5 holders.
- The largest Haymaker Acquisition Corp. Unit buyer in Q1 2018 was Polar Asset Management Partners, an estimated $2.79M added.
- The largest Haymaker Acquisition Corp. Unit seller in Q1 2018 was AQR Arbitrage, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2018.