Insurance Acquisition Corp. Unit
INSUU
INSUU was delisted on the 12th of October, 2020.
17 hedge funds and large institutions have $51M invested in Insurance Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.
15% less funds holding
Funds holding: 20 → 17 (-3)
32% less capital invested
Capital invested by funds: $74.5M → $51M (-$23.6M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.14M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$536K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$107K |
| 4 |
Walleye Capital
New York
|
+$15.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$11.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.43M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.12M |
| 4 |
SM
Scoggin Management
New York
|
-$2.12M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$575K |
INSUU Hedge Fund Activity: Q1 2020 in Review
17 of the 4,548 institutional investors tracked by Wall St. Rank reported a position in Insurance Acquisition Corp. Unit (INSUU) for Q1 2020, worth a combined $51M — down 32% from $74.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of INSUU and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Shaolin Capital Management, adding an estimated $2.14M. The largest seller was MMCAP International, cutting an estimated $11.6M.
- 17 institutional investors held Insurance Acquisition Corp. Unit (INSUU) as of Q1 2020, down from 20 in Q4 2019.
- Funds reported $51M of Insurance Acquisition Corp. Unit stock for Q1 2020, down 32% quarter-over-quarter.
- 1 fund opened new Insurance Acquisition Corp. Unit positions in Q1 2020 and 3 closed out, a net change of -2 holders.
- The largest Insurance Acquisition Corp. Unit buyer in Q1 2020 was Shaolin Capital Management, an estimated $2.14M added.
- The largest Insurance Acquisition Corp. Unit seller in Q1 2020 was MMCAP International, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2020.