Insurance Acquisition Corp. Unit
INSUU
INSUU was delisted on the 12th of October, 2020.
2 hedge funds and large institutions have $5.49M invested in Insurance Acquisition Corp. Unit in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and 8 closing their positions.
71% less capital invested
Capital invested by funds: $19.3M → $5.49M (-$13.8M)
80% less funds holding
Funds holding: 10 → 2 (-8)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$7.5M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.74M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.48M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.11M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$495K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
1
BlueCrest Capital Management
St Helier,
Jersey
| $5.49M | – | – | – |
|
|
NCM
2
Nantahala Capital Management
New Canaan,
Connecticut
| – | -$7.5M | -500,000 | Closed |
|
|
WAM
3
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.74M | -115,778 | Closed |
|
|
RCM
4
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.48M | -98,794 | Closed |
|
|
GCL
5
Glazer Capital LLC
New York
| – | -$1.11M | -73,900 | Closed |
|
|
LIM
6
Longfellow Investment Management
Boston,
Massachusetts
| – | -$495K | -33,004 | Closed |
|
7
Walleye Trading
New York
| – | -$423K | -28,202 | Closed |
|
8
Walleye Capital
New York
| – | -$370K | -24,677 | Closed |
|
9
Geode Capital Management
Boston,
Massachusetts
| – | -$143K | -10,000 | Closed |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$55 | -4 | -16% |
|
INSUU Hedge Fund Activity: Q3 2020 in Review
2 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Insurance Acquisition Corp. Unit (INSUU) for Q3 2020, worth a combined $5.49M — down 71% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of INSUU and 0 opened new positions — a net loss of 8 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Nantahala Capital Management, exiting entirely with an estimated $7.5M sold.
- 2 institutional investors held Insurance Acquisition Corp. Unit (INSUU) as of Q3 2020, down from 10 in Q2 2020.
- Funds reported $5.49M of Insurance Acquisition Corp. Unit stock for Q3 2020, down 71% quarter-over-quarter.
- 0 funds opened new Insurance Acquisition Corp. Unit positions in Q3 2020 and 8 closed out, a net change of -8 holders.
- The largest Insurance Acquisition Corp. Unit seller in Q3 2020 was Nantahala Capital Management, an estimated $7.5M sold.
Based on aggregated 13F filings for Q3 2020.