Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for
LGC.WS
LGC.WS was delisted on the 20th of November, 2020.
29 hedge funds and large institutions have $12.8M invested in Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
105% more capital invested
Capital invested by funds: $6.26M → $12.8M (+$6.55M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
3% less funds holding
Funds holding: 30 → 29 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.34M |
| 2 |
LA
Linden Advisors
New York
|
+$666K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$458K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$149K |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$223K |
| 2 |
MCM
Moore Capital Management
New York
|
-$175K |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$175K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$44.8K |
| 5 |
DIG
DeepCurrents Investment Group
New York
|
-$35K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
26
Mizuho Securities USA
New York
| $17K | +$13.7K | +30,785 | New |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $8K | – | – | – |
|
|
CL
28
CSS LLC
Chicago,
Illinois
| $6K | – | – | – |
|
|
GCL
29
Glazer Capital LLC
New York
| $3K | – | – | – |
|
|
MCM
30
Moore Capital Management
New York
| – | -$175K | -500,000 | Closed |
|
|
OCAM
31
Owl Creek Asset Management
New York
| – | -$175K | -500,000 | Closed |
|
|
DIG
32
DeepCurrents Investment Group
New York
| – | -$35K | -100,354 | Closed |
|
33
Verition Fund Management
Greenwich,
Connecticut
| – | -$26K | -75,354 | Closed |
|
LGC.WS Hedge Fund Activity: Q4 2019 in Review
29 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for (LGC.WS) for Q4 2019, worth a combined $12.8M — up 105% from $6.26M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LGC.WS and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $1.34M. The largest seller was Park West Asset Management, cutting an estimated $223K.
- 29 institutional investors held Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for (LGC.WS) as of Q4 2019, down from 30 in Q3 2019.
- Funds reported $12.8M of Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for stock for Q4 2019, up 105% quarter-over-quarter.
- 3 funds opened new Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for positions in Q4 2019 and 4 closed out, a net change of -1 holder.
- The largest Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for buyer in Q4 2019 was BlueCrest Capital Management, an estimated $1.34M added.
- The largest Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for seller in Q4 2019 was Park West Asset Management, an estimated $223K sold.
Based on aggregated 13F filings for Q4 2019.