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.
31 hedge funds and large institutions have $14M invested in Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $12.8M → $14M (+$1.24M)
7% more funds holding
Funds holding: 29 → 31 (+2)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$963K |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$358K |
| 3 |
LA
Linden Advisors
New York
|
+$341K |
| 4 |
OP
Omni Partners
London,
United Kingdom
|
+$306K |
| 5 |
KC
Kepos Capital
New York
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$1.33M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$511K |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$134K |
| 4 |
CIM
Cowen Investment Management
New York
|
-$60.8K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$48.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ES
26
Equitec Specialists
Chicago,
Illinois
| $11K | -$3.36K | -6,900 | -14% |
|
27
Walleye Capital
New York
| $9K | +$16.7K | +34,285 | New |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $4K | – | – | – |
|
|
CL
29
CSS LLC
Chicago,
Illinois
| $3K | – | – | – |
|
|
GCL
30
Glazer Capital LLC
New York
| $2K | – | – | – |
|
31
UBS Group
Zurich,
Switzerland
| $1K | +$1.72K | +3,525 | New |
|
|
PWAM
32
Park West Asset Management
San Francisco,
California
| – | -$1.33M | -2,470,000 | Closed |
|
|
33
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$134K | -250,000 | Closed |
|
|
MSU
34
Mizuho Securities USA
New York
| – | -$17K | -30,785 | Closed |
|
LGC.WS Hedge Fund Activity: Q1 2020 in Review
31 of the 4,539 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 Q1 2020, worth a combined $14M — up 9.6% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LGC.WS positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was BlueCrest Capital Management, adding an estimated $963K. The largest seller was Park West Asset Management, exiting entirely with an estimated $1.33M sold.
- 31 institutional investors held Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for (LGC.WS) as of Q1 2020, up from 29 in Q4 2019.
- Funds reported $14M of Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for stock for Q1 2020, up 9.6% quarter-over-quarter.
- 5 funds opened new Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for positions in Q1 2020 and 3 closed out, a net change of +2 holders.
- The largest Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for buyer in Q1 2020 was BlueCrest Capital Management, an estimated $963K added.
- The largest Legacy Acquisition Corp. Warrants, exercisable for one-half of one share of Class A Common Stock for seller in Q1 2020 was Park West Asset Management, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2020.