Insurance Acquisition Corp. Unit
INSUU
INSUU was delisted on the 12th of October, 2020.
19 hedge funds and large institutions have $72M invested in Insurance Acquisition Corp. Unit in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 8 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
27% less funds holding
Funds holding: 26 → 19 (-7)
43% less capital invested
Capital invested by funds: $125M → $72M (-$53.4M)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.04M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.02M |
| 3 |
Walleye Trading
New York
|
+$77.9K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$51K |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$27.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$12.1M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$11.1M |
| 3 |
LA
Linden Advisors
New York
|
-$10.1M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$10.1M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$5.05M |
INSUU Hedge Fund Activity: Q2 2019 in Review
19 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Insurance Acquisition Corp. Unit (INSUU) for Q2 2019, worth a combined $72M — down 43% from $125M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of INSUU and 1 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $2.04M. The largest seller was Magnetar Financial, exiting entirely with an estimated $12.1M sold.
- 19 institutional investors held Insurance Acquisition Corp. Unit (INSUU) as of Q2 2019, down from 26 in Q1 2019.
- Funds reported $72M of Insurance Acquisition Corp. Unit stock for Q2 2019, down 43% quarter-over-quarter.
- 1 fund opened new Insurance Acquisition Corp. Unit positions in Q2 2019 and 8 closed out, a net change of -7 holders.
- The largest Insurance Acquisition Corp. Unit buyer in Q2 2019 was Wolverine Asset Management, an estimated $2.04M added.
- The largest Insurance Acquisition Corp. Unit seller in Q2 2019 was Magnetar Financial, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2019.