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.
11 hedge funds and large institutions have $51.6M invested in Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
27% less funds holding
Funds holding: 15 → 11 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
51% less capital invested
Capital invested by funds: $106M → $51.6M (-$54.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$10.5M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$10.5M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$7.65M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.9M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$435K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$43.1M |
| 2 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$20.7M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.57M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.08M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.27M |
LGC.U Hedge Fund Activity: Q3 2019 in Review
11 of the 4,560 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 Q3 2019, worth a combined $51.6M — down 51% from $106M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LGC.U and 4 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Linden Advisors, opening a new position worth an estimated $10.5M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $43.1M sold.
- 11 institutional investors held Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val (LGC.U) as of Q3 2019, down from 15 in Q2 2019.
- Funds reported $51.6M of Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val stock for Q3 2019, down 51% quarter-over-quarter.
- 4 funds opened new Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val positions in Q3 2019 and 7 closed out, a net change of -3 holders.
- The largest Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val buyer in Q3 2019 was Linden Advisors, an estimated $10.5M added.
- The largest Legacy Acquisition Corp. Units, each consisting of one share of Class A common stock, $.0001 par val seller in Q3 2019 was ArrowMark Colorado Holdings, an estimated $43.1M sold.
Based on aggregated 13F filings for Q3 2019.