Kayne Anderson Acquisition Corp. Unit
KAACU
KAACU was delisted on the 9th of November, 2018.
26 hedge funds and large institutions have $115M invested in Kayne Anderson Acquisition Corp. Unit in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $101M → $115M (+$13.9M)
8% more funds holding
Funds holding: 24 → 26 (+2)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$10.2M |
| 2 |
Millennium Management
New York
|
+$4.08M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.55M |
| 4 |
KC
Kepos Capital
New York
|
+$141K |
| 5 |
LF
Lee Financial
Dallas,
Texas
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$8.03M |
| 2 |
Citigroup
New York
|
-$1.53M |
| 3 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$460K |
| 4 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$426K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$389K |
KAACU Hedge Fund Activity: Q2 2018 in Review
26 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Kayne Anderson Acquisition Corp. Unit (KAACU) for Q2 2018, worth a combined $115M — up 14% from $101M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KAACU positions and 2 closed out — a net gain of 2 holders — while 2 added to existing stakes and 9 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $10.2M. The largest seller was Paloma Partners, exiting entirely with an estimated $8.03M sold.
- 26 institutional investors held Kayne Anderson Acquisition Corp. Unit (KAACU) as of Q2 2018, up from 24 in Q1 2018.
- Funds reported $115M of Kayne Anderson Acquisition Corp. Unit stock for Q2 2018, up 14% quarter-over-quarter.
- 4 funds opened new Kayne Anderson Acquisition Corp. Unit positions in Q2 2018 and 2 closed out, a net change of +2 holders.
- The largest Kayne Anderson Acquisition Corp. Unit buyer in Q2 2018 was Cowen Inc, an estimated $10.2M added.
- The largest Kayne Anderson Acquisition Corp. Unit seller in Q2 2018 was Paloma Partners, an estimated $8.03M sold.
Based on aggregated 13F filings for Q2 2018.