Opes Acquisition Corp. Unit
OPESU
OPESU was delisted on the 9th of December, 2020.
15 hedge funds and large institutions have $34.7M invested in Opes Acquisition Corp. Unit in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 7 closing their positions.
29% less funds holding
Funds holding: 21 → 15 (-6)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
42% less capital invested
Capital invested by funds: $60.3M → $34.7M (-$25.6M)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.11M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$839K |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.96M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$5.54M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$5.28M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.52M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.51M |
OPESU Hedge Fund Activity: Q2 2018 in Review
15 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Opes Acquisition Corp. Unit (OPESU) for Q2 2018, worth a combined $34.7M — down 42% from $60.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of OPESU and 1 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $1.11M. The largest seller was HGC Investment Management, cutting an estimated $6.96M.
- 15 institutional investors held Opes Acquisition Corp. Unit (OPESU) as of Q2 2018, down from 21 in Q1 2018.
- Funds reported $34.7M of Opes Acquisition Corp. Unit stock for Q2 2018, down 42% quarter-over-quarter.
- 1 fund opened new Opes Acquisition Corp. Unit positions in Q2 2018 and 7 closed out, a net change of -6 holders.
- The largest Opes Acquisition Corp. Unit buyer in Q2 2018 was Polar Asset Management Partners, an estimated $1.11M added.
- The largest Opes Acquisition Corp. Unit seller in Q2 2018 was HGC Investment Management, an estimated $6.96M sold.
Based on aggregated 13F filings for Q2 2018.