Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val
LGC.U
LGC.U was delisted on the 19th of November, 2020.
21 hedge funds and large institutions have $145M invested in Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val in 2018 Q2 according to their latest regulatory filings, with 3 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: 2 → 2 (0)
9% less funds holding
Funds holding: 23 → 21 (-2)
19% less capital invested
Capital invested by funds: $178M → $145M (-$33.2M)
40% less first-time investments, than exits
New positions opened: 3 | 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 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$552K |
| 2 |
Walleye Trading
New York
|
+$206K |
| 3 |
KC
Kepos Capital
New York
|
+$139K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$114K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$20K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$14.6M |
| 2 |
LA
Linden Advisors
New York
|
-$4.97M |
| 3 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
-$3.98M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.33M |
| 5 |
Man Group
London,
United Kingdom
|
-$2.9M |
LGC.U Hedge Fund Activity: Q2 2018 in Review
21 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val (LGC.U) for Q2 2018, worth a combined $145M — down 19% from $178M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LGC.U and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $552K. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $14.6M sold.
- 21 institutional investors held Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val (LGC.U) as of Q2 2018, down from 23 in Q1 2018.
- Funds reported $145M of Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val stock for Q2 2018, down 19% quarter-over-quarter.
- 3 funds opened new Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val positions in Q2 2018 and 5 closed out, a net change of -2 holders.
- The largest Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val buyer in Q2 2018 was ArrowMark Colorado Holdings, an estimated $552K added.
- The largest Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val seller in Q2 2018 was Alyeska Investment Group, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2018.