Leisure Acquisition Corp.
LACQ
LACQ was delisted on the 2nd of June, 2021.
4 hedge funds and large institutions have $40.7M invested in Leisure Acquisition Corp. in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 22 closing their positions.
8.17% less ownership
Funds ownership: 60.77% → 52.6% (-8.2%)
74% less capital invested
Capital invested by funds: $156M → $40.7M (-$115M)
84% less funds holding
Funds holding: 25 → 4 (-21)
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$10.9M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.11K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$829 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$21.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$17M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$15.2M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$12M |
| 5 |
Morgan Stanley
New York
|
-$8.47M |
LACQ Hedge Fund Activity: Q2 2020 in Review
4 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Leisure Acquisition Corp. (LACQ) for Q2 2020, worth a combined $40.7M — down 74% from $156M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of LACQ and 1 opened new positions — a net loss of 21 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was HG Vora Capital Management, adding an estimated $10.9M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $21.9M sold.
- 4 institutional investors held Leisure Acquisition Corp. (LACQ) as of Q2 2020, down from 25 in Q1 2020.
- Funds reported $40.7M of Leisure Acquisition Corp. stock for Q2 2020, down 74% quarter-over-quarter.
- 1 fund opened new Leisure Acquisition Corp. positions in Q2 2020 and 22 closed out, a net change of -21 holders.
- The largest Leisure Acquisition Corp. buyer in Q2 2020 was HG Vora Capital Management, an estimated $10.9M added.
- The largest Leisure Acquisition Corp. seller in Q2 2020 was Glazer Capital LLC, an estimated $21.9M sold.
Based on aggregated 13F filings for Q2 2020.