Pace Holdings Corp.
PACEU
PACEU was delisted on the 9th of March, 2017.
28 hedge funds and large institutions have $185M invested in Pace Holdings Corp. in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
2% less capital invested
Capital invested by funds: $189M → $185M (-$3.34M)
3% less funds holding
Funds holding: 29 → 28 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$6.01M |
| 2 |
LA
Linden Advisors
New York
|
+$4.52M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.65M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$995K |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPGCU
Napier Park Global Capital (US)
New York
|
-$5M |
| 2 |
LCS
Levin Capital Strategies
New York
|
-$4.44M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.94M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$3.19M |
| 5 |
VAM
Visium Asset Management
New York
|
-$2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Credit Agricole
Montrouge Cedex,
France
| $204K | -$13.9K | -1,401 | -6% |
|
|
BA
27
BlackRock Advisors
Wilmington,
Delaware
| $70K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | – | – | – |
|
|
NPGCU
29
Napier Park Global Capital (US)
New York
| – | -$5M | -500,000 | Closed |
|
|
LCS
30
Levin Capital Strategies
New York
| – | -$4.44M | -444,659 | Closed |
|
|
VAM
31
Visium Asset Management
New York
| – | -$2M | -200,473 | Closed |
|
|
PPA
32
Parametric Portfolio Associates
Seattle,
Washington
| – | -$279K | -27,968 | Closed |
|
PACEU Hedge Fund Activity: Q2 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pace Holdings Corp. (PACEU) for Q2 2016, worth a combined $185M — down 1.8% from $189M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PACEU and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Pacific Grove Capital, opening a new position worth an estimated $6.01M. The largest seller was Napier Park Global Capital (US), exiting entirely with an estimated $5M sold.
- 28 institutional investors held Pace Holdings Corp. (PACEU) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $185M of Pace Holdings Corp. stock for Q2 2016, down 1.8% quarter-over-quarter.
- 3 funds opened new Pace Holdings Corp. positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Pace Holdings Corp. buyer in Q2 2016 was Pacific Grove Capital, an estimated $6.01M added.
- The largest Pace Holdings Corp. seller in Q2 2016 was Napier Park Global Capital (US), an estimated $5M sold.
Based on aggregated 13F filings for Q2 2016.