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.
14 hedge funds and large institutions have $106M invested in Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val in 2019 Q1 according to their latest regulatory filings, with funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
13% less funds holding
Funds holding: 16 → 14 (-2)
27% less capital invested
Capital invested by funds: $144M → $106M (-$38.8M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.33M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$417K |
| 3 |
Walleye Trading
New York
|
+$41.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$30.2M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$5.02M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$3.06M |
| 4 |
CI
Cowen Inc
New York
|
-$2.25M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$768K |
LGC.U Hedge Fund Activity: Q1 2019 in Review
14 of the 4,620 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 Q1 2019, worth a combined $106M — down 27% from $144M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of LGC.U and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Periscope Capital, adding an estimated $1.33M. The largest seller was Park West Asset Management, exiting entirely with an estimated $30.2M sold.
- 14 institutional investors held Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val (LGC.U) as of Q1 2019, down from 16 in Q4 2018.
- Funds reported $106M of Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val stock for Q1 2019, down 27% quarter-over-quarter.
- 0 funds opened new Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val positions in Q1 2019 and 2 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 Q1 2019 was Periscope Capital, an estimated $1.33M added.
- The largest Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val seller in Q1 2019 was Park West Asset Management, an estimated $30.2M sold.
Based on aggregated 13F filings for Q1 2019.