Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half
LOAK.U
LOAK.U was delisted on the 29th of December, 2020.
20 hedge funds and large institutions have $66.3M invested in Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 16 closing their positions.
28% less capital invested
Capital invested by funds: $92.2M → $66.3M (-$25.9M)
39% less funds holding
Funds holding: 33 → 20 (-13)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
81% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$362K |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$20.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.73K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$3.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$12.7M |
| 2 |
KC
Kepos Capital
New York
|
-$7.09M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$5.01M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$3.01M |
| 5 |
SCM
Saba Capital Management
New York
|
-$3.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2M | -200,000 | Closed |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.99M | -198,268 | Closed |
|
28
Walleye Trading
New York
| – | -$1.64M | -164,100 | Closed |
|
|
PC
29
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.61M | -160,816 | Closed |
|
|
LIM
30
Longfellow Investment Management
Boston,
Massachusetts
| – | -$1.61M | -160,247 | Closed |
|
|
AFS
31
Amtrust Financial Services
New York
| – | -$1M | -100,000 | Closed |
|
|
BFM
32
Boothbay Fund Management
New York
| – | -$884K | -88,214 | Closed |
|
|
AGM
33
Alpine Global Management
New York
| – | -$501K | -50,000 | Closed |
|
|
MS
34
Maven Securities
St Helier,
Jersey
| – | -$503K | -50,000 | Closed |
|
|
PAM
35
Panagora Asset Management
Boston,
Massachusetts
| – | -$85K | -8,507 | Closed |
|
LOAK.U Hedge Fund Activity: Q3 2020 in Review
20 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half (LOAK.U) for Q3 2020, worth a combined $66.3M — down 28% from $92.2M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of LOAK.U and 3 opened new positions — a net loss of 13 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $362K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $12.7M sold.
- 20 institutional investors held Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half (LOAK.U) as of Q3 2020, down from 33 in Q2 2020.
- Funds reported $66.3M of Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half stock for Q3 2020, down 28% quarter-over-quarter.
- 3 funds opened new Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half positions in Q3 2020 and 16 closed out, a net change of -13 holders.
- The largest Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half buyer in Q3 2020 was HighTower Advisors, an estimated $362K added.
- The largest Live Oak Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half seller in Q3 2020 was AQR Arbitrage, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2020.