Opes Acquisition Corp. Unit
OPESU
OPESU was delisted on the 9th of December, 2020.
6 hedge funds and large institutions have $9.53M invested in Opes Acquisition Corp. Unit in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 7 closing their positions.
50% less funds holding
Funds holding: 12 → 6 (-6)
62% less capital invested
Capital invested by funds: $24.8M → $9.53M (-$15.3M)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$662K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.79M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.08M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.9M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$1.33M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $3.76M | – | – | – |
|
2
Walleye Trading
New York
| $2.58M | -$10.5K | -1,000 | -0.4% |
|
|
VOAM
3
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| $1.24M | – | – | – |
|
|
LPC
4
Lion Point Capital
New York
| $871K | – | – | – |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $660K | +$662K | +63,159 | New |
|
|
WAM
6
Wolverine Asset Management
Chicago,
Illinois
| $418K | – | – | – |
|
|
7
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$4.79M | -460,000 | Closed |
|
|
PC
8
Periscope Capital
Toronto,
Ontario, Canada
| – | -$4.08M | -389,100 | Closed |
|
|
SCM
9
Shaolin Capital Management
Miami,
Florida
| – | -$3.9M | -375,000 | Closed |
|
|
BFM
10
Boothbay Fund Management
New York
| – | -$1.33M | -129,100 | Closed |
|
|
YCM
11
Yakira Capital Management
Westport,
Connecticut
| – | -$1.26M | -120,730 | Closed |
|
|
BI
12
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$579 | -55,390 | Closed |
|
|
GCL
13
Glazer Capital LLC
New York
| – | -$558K | -53,442 | Closed |
|
OPESU Hedge Fund Activity: Q3 2019 in Review
6 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Opes Acquisition Corp. Unit (OPESU) for Q3 2019, worth a combined $9.53M — down 62% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of OPESU and 1 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was W.R. Berkley Corp, opening a new position worth an estimated $662K. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $4.79M sold.
- 6 institutional investors held Opes Acquisition Corp. Unit (OPESU) as of Q3 2019, down from 12 in Q2 2019.
- Funds reported $9.53M of Opes Acquisition Corp. Unit stock for Q3 2019, down 62% quarter-over-quarter.
- 1 fund opened new Opes Acquisition Corp. Unit positions in Q3 2019 and 7 closed out, a net change of -6 holders.
- The largest Opes Acquisition Corp. Unit buyer in Q3 2019 was W.R. Berkley Corp, an estimated $662K added.
- The largest Opes Acquisition Corp. Unit seller in Q3 2019 was Hudson Bay Capital Management, an estimated $4.79M sold.
Based on aggregated 13F filings for Q3 2019.