Pace Holdings Corp.
PACEU
PACEU was delisted on the 9th of March, 2017.
25 hedge funds and large institutions have $176M invested in Pace Holdings Corp. in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 4 closing their positions.
5% less capital invested
Capital invested by funds: $185M → $176M (-$9.82M)
11% less funds holding
Funds holding: 28 → 25 (-3)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$2.33M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.54M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$1.14M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.1K |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$1.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$6.05M |
| 2 |
LA
Linden Advisors
New York
|
-$4.09M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$3.53M |
| 4 |
MOACM
Mutual of America Capital Management
New York
|
-$3.11M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGC
26
Pacific Grove Capital
San Francisco,
California
| – | -$6.05M | -604,712 | Closed |
|
|
27
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.5M | -150,000 | Closed |
|
|
WAM
28
Weiss Asset Management
Boston,
Massachusetts
| – | -$1M | -100,236 | Closed |
|
|
BA
29
BlackRock Advisors
Wilmington,
Delaware
| – | -$70K | -6,989 | Closed |
|
PACEU Hedge Fund Activity: Q3 2016 in Review
25 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pace Holdings Corp. (PACEU) for Q3 2016, worth a combined $176M — down 5.3% from $185M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PACEU and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $2.33M. The largest seller was Pacific Grove Capital, exiting entirely with an estimated $6.05M sold.
- 25 institutional investors held Pace Holdings Corp. (PACEU) as of Q3 2016, down from 28 in Q2 2016.
- Funds reported $176M of Pace Holdings Corp. stock for Q3 2016, down 5.3% quarter-over-quarter.
- 1 fund opened new Pace Holdings Corp. positions in Q3 2016 and 4 closed out, a net change of -3 holders.
- The largest Pace Holdings Corp. buyer in Q3 2016 was ArrowMark Colorado Holdings, an estimated $2.33M added.
- The largest Pace Holdings Corp. seller in Q3 2016 was Pacific Grove Capital, an estimated $6.05M sold.
Based on aggregated 13F filings for Q3 2016.