M III Acquisition Corp
MIIIU
MIIIU was delisted on the 27th of March, 2018.
3 hedge funds and large institutions have $12.4M invested in M III Acquisition Corp in 2017 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 8 closing their positions.
68% less capital invested
Capital invested by funds: $38.3M → $12.4M (-$26M)
73% less funds holding
Funds holding: 11 → 3 (-8)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
-$9.47M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$7.73M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$3.06M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.7M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $11.2M | – | – | – |
|
|
CI
2
Cowen Inc
New York
| $1.01M | – | – | – |
|
|
WAM
3
Wolverine Asset Management
Chicago,
Illinois
| $165K | – | – | – |
|
|
SM
4
Scoggin Management
New York
| – | -$9.47M | -918,750 | Closed |
|
|
JGC
5
J. Goldman & Co
New York
| – | -$7.73M | -750,000 | Closed |
|
|
GCL
6
Glazer Capital LLC
New York
| – | -$3.06M | -296,500 | Closed |
|
|
BI
7
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$2.7M | -261,911 | Closed |
|
|
LIM
8
Longfellow Investment Management
Boston,
Massachusetts
| – | -$1.46M | -141,483 | Closed |
|
|
DAM
9
Deltec Asset Management
New York
| – | -$1.29M | -125,000 | Closed |
|
|
BCM
10
Basso Capital Management
Stamford,
Connecticut
| – | -$622K | -60,300 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$3K | -280 | Closed |
|
MIIIU Hedge Fund Activity: Q4 2017 in Review
3 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in M III Acquisition Corp (MIIIU) for Q4 2017, worth a combined $12.4M — down 68% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MIIIU and 0 opened new positions — a net loss of 8 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Scoggin Management, exiting entirely with an estimated $9.47M sold.
- 3 institutional investors held M III Acquisition Corp (MIIIU) as of Q4 2017, down from 11 in Q3 2017.
- Funds reported $12.4M of M III Acquisition Corp stock for Q4 2017, down 68% quarter-over-quarter.
- 0 funds opened new M III Acquisition Corp positions in Q4 2017 and 8 closed out, a net change of -8 holders.
- The largest M III Acquisition Corp seller in Q4 2017 was Scoggin Management, an estimated $9.47M sold.
Based on aggregated 13F filings for Q4 2017.