M III Acquisition Corp
MIIIU
MIIIU was delisted on the 27th of March, 2018.
8 hedge funds and large institutions have $33.5M invested in M III Acquisition Corp in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
33% less funds holding
Funds holding: 12 → 8 (-4)
36% less capital invested
Capital invested by funds: $52.1M → $33.5M (-$18.6M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$771K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.55M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.05M |
| 3 |
AIM
Assured Investment Management
New York
|
-$2.02M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.98M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$1.41M |
MIIIU Hedge Fund Activity: Q1 2017 in Review
8 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in M III Acquisition Corp (MIIIU) for Q1 2017, worth a combined $33.5M — down 36% from $52.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MIIIU and 0 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Longfellow Investment Management, adding an estimated $771K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $9.55M sold.
- 8 institutional investors held M III Acquisition Corp (MIIIU) as of Q1 2017, down from 12 in Q4 2016.
- Funds reported $33.5M of M III Acquisition Corp stock for Q1 2017, down 36% quarter-over-quarter.
- 0 funds opened new M III Acquisition Corp positions in Q1 2017 and 4 closed out, a net change of -4 holders.
- The largest M III Acquisition Corp buyer in Q1 2017 was Longfellow Investment Management, an estimated $771K added.
- The largest M III Acquisition Corp seller in Q1 2017 was AQR Arbitrage, an estimated $9.55M sold.
Based on aggregated 13F filings for Q1 2017.