Landcadia Holdings II, Inc. Unit
LCAHU
LCAHU was delisted on the 29th of December, 2020.
23 hedge funds and large institutions have $112M invested in Landcadia Holdings II, Inc. Unit in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 10 closing their positions.
24% more capital invested
Capital invested by funds: $90.5M → $112M (+$21.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 27 → 23 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$2M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$789K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$488K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.06M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.97M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.58M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.15M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
26
Myriad Asset Management
North Point,
Hong Kong
| – | -$1.96M | -200,000 | Closed |
|
|
PMAM
27
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$1.96M | -200,000 | Closed |
|
|
CCM
28
Context Capital Management
Lajolla,
California
| – | -$1.96M | -199,900 | Closed |
|
|
PAMP
29
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$1.94M | -198,001 | Closed |
|
|
AGC
30
Angelo Gordon & Co
New York
| – | -$1.72M | -175,000 | Closed |
|
|
MTCM
31
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$980K | -100,000 | Closed |
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$222K | -22,655 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$57K | -5,800 | Closed |
|
LCAHU Hedge Fund Activity: Q2 2020 in Review
23 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Landcadia Holdings II, Inc. Unit (LCAHU) for Q2 2020, worth a combined $112M — up 24% from $90.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LCAHU and 6 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $2M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $6.06M sold.
- 23 institutional investors held Landcadia Holdings II, Inc. Unit (LCAHU) as of Q2 2020, down from 27 in Q1 2020.
- Funds reported $112M of Landcadia Holdings II, Inc. Unit stock for Q2 2020, up 24% quarter-over-quarter.
- 6 funds opened new Landcadia Holdings II, Inc. Unit positions in Q2 2020 and 10 closed out, a net change of -4 holders.
- The largest Landcadia Holdings II, Inc. Unit buyer in Q2 2020 was Cowen and Company, an estimated $2M added.
- The largest Landcadia Holdings II, Inc. Unit seller in Q2 2020 was Hudson Bay Capital Management, an estimated $6.06M sold.
Based on aggregated 13F filings for Q2 2020.