M III Acquisition Corp
MIIIU
MIIIU was delisted on the 27th of March, 2018.
12 hedge funds and large institutions have $52.1M invested in M III Acquisition Corp in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
14% less funds holding
Funds holding: 14 → 12 (-2)
29% less capital invested
Capital invested by funds: $73.1M → $52.1M (-$21M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$2M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.9M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$984K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$982K |
| 5 |
CI
Cowen Inc
New York
|
+$768K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$9.82M |
| 2 |
SC
Sculptor Capital
New York
|
-$8.82M |
| 3 |
BlackRock
New York
|
-$6.92M |
| 4 |
AFA
Alta Fundamental Advisers
New York
|
-$1.82M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.76M |
MIIIU Hedge Fund Activity: Q4 2016 in Review
12 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in M III Acquisition Corp (MIIIU) for Q4 2016, worth a combined $52.1M — down 29% from $73.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MIIIU and 4 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Assured Investment Management, opening a new position worth an estimated $2M. The largest seller was Glazer Capital LLC, cutting an estimated $9.82M.
- 12 institutional investors held M III Acquisition Corp (MIIIU) as of Q4 2016, down from 14 in Q3 2016.
- Funds reported $52.1M of M III Acquisition Corp stock for Q4 2016, down 29% quarter-over-quarter.
- 4 funds opened new M III Acquisition Corp positions in Q4 2016 and 6 closed out, a net change of -2 holders.
- The largest M III Acquisition Corp buyer in Q4 2016 was Assured Investment Management, an estimated $2M added.
- The largest M III Acquisition Corp seller in Q4 2016 was Glazer Capital LLC, an estimated $9.82M sold.
Based on aggregated 13F filings for Q4 2016.