Leisure Acquisition Corp.
LACQ
LACQ was delisted on the 2nd of June, 2021.
25 hedge funds and large institutions have $156M invested in Leisure Acquisition Corp. in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 12 closing their positions.
10.83% less ownership
Funds ownership: 71.6% → 60.77% (-11%)
16% less capital invested
Capital invested by funds: $187M → $156M (-$30.7M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
19% less funds holding
Funds holding: 31 → 25 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$11.8M |
| 2 |
Morgan Stanley
New York
|
+$8.07M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$5.03M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.12M |
| 5 |
OP
Omni Partners
London,
United Kingdom
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.5M |
| 2 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$10.4M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$10.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.25M |
LACQ Hedge Fund Activity: Q1 2020 in Review
25 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Leisure Acquisition Corp. (LACQ) for Q1 2020, worth a combined $156M — down 16% from $187M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of LACQ and 6 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Mizuho Securities USA, adding an estimated $11.8M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $13.5M sold.
- 25 institutional investors held Leisure Acquisition Corp. (LACQ) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $156M of Leisure Acquisition Corp. stock for Q1 2020, down 16% quarter-over-quarter.
- 6 funds opened new Leisure Acquisition Corp. positions in Q1 2020 and 12 closed out, a net change of -6 holders.
- The largest Leisure Acquisition Corp. buyer in Q1 2020 was Mizuho Securities USA, an estimated $11.8M added.
- The largest Leisure Acquisition Corp. seller in Q1 2020 was Weiss Asset Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2020.