Pace Holdings Corp. Class A Ordinary Shares
PACE
PACE was delisted on the 10th of March, 2017.
34 hedge funds and large institutions have $297M invested in Pace Holdings Corp. Class A Ordinary Shares in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
29% more capital invested
Capital invested by funds: $230M → $297M (+$67.2M)
21% more funds holding
Funds holding: 28 → 34 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$17.4M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$14.7M |
| 3 |
GL
Governors Lane
New York
|
+$12.3M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$6.09M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$9.13M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.83M |
| 3 |
LCS
Levin Capital Strategies
New York
|
-$1.12M |
| 4 |
Capstone Investment Advisors
New York
|
-$492K |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$308K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
26
Mizuho Securities USA
New York
| $1.49M | -$91.6K | -9,200 | -6% |
|
|
KPF
27
K2 Principal Fund
Toronto,
Ontario, Canada
| $1.03M | +$24.9K | +2,500 | +3% |
|
|
PC
28
Periscope Capital
Toronto,
Ontario, Canada
| $1.01M | +$996K | +100,000 | New |
|
|
CI
29
Cowen Inc
New York
| $980K | +$964K | +96,801 | New |
|
|
BCM
30
Bluefin Capital Management
New York
| $440K | +$433K | +43,489 | New |
|
31
Geode Capital Management
Boston,
Massachusetts
| $241K | +$116K | +11,651 | +95% |
|
|
DRZID
32
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| $202K | +$199K | +20,000 | New |
|
|
BRF
33
B. Riley Financial
Los Angeles,
California
| $109K | +$107K | +10,783 | New |
|
|
WAM
34
Weiss Asset Management
Boston,
Massachusetts
| – | -$9.13M | -927,174 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$21K | -2,100 | Closed |
|
PACE Hedge Fund Activity: Q4 2016 in Review
34 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Pace Holdings Corp. Class A Ordinary Shares (PACE) for Q4 2016, worth a combined $297M — up 29% from $230M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PACE positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Assured Investment Management, adding an estimated $17.4M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $9.13M sold.
- 34 institutional investors held Pace Holdings Corp. Class A Ordinary Shares (PACE) as of Q4 2016, up from 28 in Q3 2016.
- Funds reported $297M of Pace Holdings Corp. Class A Ordinary Shares stock for Q4 2016, up 29% quarter-over-quarter.
- 8 funds opened new Pace Holdings Corp. Class A Ordinary Shares positions in Q4 2016 and 2 closed out, a net change of +6 holders.
- The largest Pace Holdings Corp. Class A Ordinary Shares buyer in Q4 2016 was Assured Investment Management, an estimated $17.4M added.
- The largest Pace Holdings Corp. Class A Ordinary Shares seller in Q4 2016 was Weiss Asset Management, an estimated $9.13M sold.
Based on aggregated 13F filings for Q4 2016.