Leisure Acquisition Corp. Unit
LACQU
LACQU was delisted on the 24th of May, 2021.
27 hedge funds and large institutions have $122M invested in Leisure Acquisition Corp. Unit in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 6 closing their positions.
10% less funds holding
Funds holding: 30 → 27 (-3)
20% less capital invested
Capital invested by funds: $152M → $122M (-$30M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.78M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$1.18M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$847K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$583K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$14.8M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$5.28M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$3.84M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$2.57M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.49M |
LACQU Hedge Fund Activity: Q1 2018 in Review
27 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Leisure Acquisition Corp. Unit (LACQU) for Q1 2018, worth a combined $122M — down 20% from $152M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LACQU and 3 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, adding an estimated $3.78M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $14.8M sold.
- 27 institutional investors held Leisure Acquisition Corp. Unit (LACQU) as of Q1 2018, down from 30 in Q4 2017.
- Funds reported $122M of Leisure Acquisition Corp. Unit stock for Q1 2018, down 20% quarter-over-quarter.
- 3 funds opened new Leisure Acquisition Corp. Unit positions in Q1 2018 and 6 closed out, a net change of -3 holders.
- The largest Leisure Acquisition Corp. Unit buyer in Q1 2018 was Morgan Stanley, an estimated $3.78M added.
- The largest Leisure Acquisition Corp. Unit seller in Q1 2018 was AQR Arbitrage, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2018.