Landcadia Holdings, Inc. Unit
LCAHU
LCAHU was delisted on the 9th of November, 2018.
25 hedge funds and large institutions have $191M invested in Landcadia Holdings, Inc. Unit in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 26 → 25 (-1)
18% less capital invested
Capital invested by funds: $232M → $191M (-$41.6M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.05M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$1.01M |
| 3 |
LCS
Levin Capital Strategies
New York
|
+$475K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$202K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$15.1M |
| 2 |
MCM
Moore Capital Management
New York
|
-$12.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10M |
| 4 |
HHC
Hutchin Hill Capital
New York
|
-$5.02M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTCM
26
Fir Tree Capital Management
New York
| – | -$15.1M | -1,500,000 | Closed |
|
|
MCM
27
Moore Capital Management
New York
| – | -$12.3M | -1,225,000 | Closed |
|
|
28
Alyeska Investment Group
Chicago,
Illinois
| – | -$10M | -1,000,000 | Closed |
|
|
HHC
29
Hutchin Hill Capital
New York
| – | -$5.02M | -500,000 | Closed |
|
|
OA
30
Omega Advisors
New York
| – | -$2.01M | -200,000 | Closed |
|
LCAHU Hedge Fund Activity: Q3 2016 in Review
25 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Landcadia Holdings, Inc. Unit (LCAHU) for Q3 2016, worth a combined $191M — down 18% from $232M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LCAHU and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 2 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $4.05M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $15.1M sold.
- 25 institutional investors held Landcadia Holdings, Inc. Unit (LCAHU) as of Q3 2016, down from 26 in Q2 2016.
- Funds reported $191M of Landcadia Holdings, Inc. Unit stock for Q3 2016, down 18% quarter-over-quarter.
- 4 funds opened new Landcadia Holdings, Inc. Unit positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Landcadia Holdings, Inc. Unit buyer in Q3 2016 was Castle Creek Arbitrage, an estimated $4.05M added.
- The largest Landcadia Holdings, Inc. Unit seller in Q3 2016 was Fir Tree Capital Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q3 2016.