Pace Holdings Corp.
PACEU
PACEU was delisted on the 9th of March, 2017.
37 hedge funds and large institutions have $271M invested in Pace Holdings Corp. in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less funds holding
Funds holding: 43 → 37 (-6)
22% less capital invested
Capital invested by funds: $348M → $271M (-$76.4M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$33.4M |
| 2 |
LA
Linden Advisors
New York
|
+$5.09M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.88M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.09M |
| 5 |
Bank of New York Mellon
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$25.5M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$20.4M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$20.4M |
| 4 |
Capstone Investment Advisors
New York
|
-$17.9M |
| 5 |
MCM
Moore Capital Management
New York
|
-$17.4M |
PACEU Hedge Fund Activity: Q4 2015 in Review
37 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Pace Holdings Corp. (PACEU) for Q4 2015, worth a combined $271M — down 22% from $348M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PACEU and 5 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $33.4M. The largest seller was Arrowgrass Capital Partners (US), exiting entirely with an estimated $25.5M sold.
- 37 institutional investors held Pace Holdings Corp. (PACEU) as of Q4 2015, down from 43 in Q3 2015.
- Funds reported $271M of Pace Holdings Corp. stock for Q4 2015, down 22% quarter-over-quarter.
- 5 funds opened new Pace Holdings Corp. positions in Q4 2015 and 11 closed out, a net change of -6 holders.
- The largest Pace Holdings Corp. buyer in Q4 2015 was Highbridge Capital Management, an estimated $33.4M added.
- The largest Pace Holdings Corp. seller in Q4 2015 was Arrowgrass Capital Partners (US), an estimated $25.5M sold.
Based on aggregated 13F filings for Q4 2015.