Kayne Anderson Acquisition Corp. Unit
KAACU
KAACU was delisted on the 9th of November, 2018.
30 hedge funds and large institutions have $157M invested in Kayne Anderson Acquisition Corp. Unit in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
12% less funds holding
Funds holding: 34 → 30 (-4)
21% less capital invested
Capital invested by funds: $199M → $157M (-$41.4M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.18M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$3M |
| 3 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$1.63M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.51M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$16M |
| 2 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$7.6M |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
-$6.35M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$5.01M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.73M |
KAACU Hedge Fund Activity: Q3 2017 in Review
30 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Kayne Anderson Acquisition Corp. Unit (KAACU) for Q3 2017, worth a combined $157M — down 21% from $199M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KAACU and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $5.18M. The largest seller was Governors Lane, exiting entirely with an estimated $16M sold.
- 30 institutional investors held Kayne Anderson Acquisition Corp. Unit (KAACU) as of Q3 2017, down from 34 in Q2 2017.
- Funds reported $157M of Kayne Anderson Acquisition Corp. Unit stock for Q3 2017, down 21% quarter-over-quarter.
- 3 funds opened new Kayne Anderson Acquisition Corp. Unit positions in Q3 2017 and 7 closed out, a net change of -4 holders.
- The largest Kayne Anderson Acquisition Corp. Unit buyer in Q3 2017 was Polar Asset Management Partners, an estimated $5.18M added.
- The largest Kayne Anderson Acquisition Corp. Unit seller in Q3 2017 was Governors Lane, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2017.