Pure Acquisition Corp. Unit
PACQU
PACQU was delisted on the 17th of August, 2020.
33 hedge funds and large institutions have $128M invested in Pure Acquisition Corp. Unit in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 34 → 33 (-1)
21% less capital invested
Capital invested by funds: $163M → $128M (-$34.6M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Context Capital Management
Lajolla,
California
|
+$3.08M |
| 2 |
OP
Omni Partners
London,
United Kingdom
|
+$247K |
| 3 |
CI
Cowen Inc
New York
|
+$59.8K |
| 4 |
Morgan Stanley
New York
|
+$813 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$10.4M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$9.06M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$5.13M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$5.03M |
| 5 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
-$3.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $985K | -$1.54M | -150,000 | -61% |
|
|
KC
27
Kepos Capital
New York
| $934K | – | – | – |
|
|
HCMT
28
Highland Capital Management (Texas)
Dallas,
Texas
| $414K | – | – | – |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $314K | -$2.83M | -275,000 | -90% |
|
30
Marshall Wace
London,
United Kingdom
| $100K | – | – | – |
|
|
31
Morgan Stanley
New York
| $14K | +$813 | +79 | +6% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $9K | – | – | – |
|
|
HIM
33
HGC Investment Management
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
WCMNY
34
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$9.06M | -884,117 | Closed |
|
|
AIMCA
35
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$5.13M | -500,000 | Closed |
|
|
RCM
36
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$248K | -24,220 | Closed |
|
PACQU Hedge Fund Activity: Q3 2018 in Review
33 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Pure Acquisition Corp. Unit (PACQU) for Q3 2018, worth a combined $128M — down 21% from $163M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PACQU and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 3 added.
The largest buyer was Context Capital Management, opening a new position worth an estimated $3.08M. The largest seller was K2 Principal Fund, cutting an estimated $10.4M.
- 33 institutional investors held Pure Acquisition Corp. Unit (PACQU) as of Q3 2018, down from 34 in Q2 2018.
- Funds reported $128M of Pure Acquisition Corp. Unit stock for Q3 2018, down 21% quarter-over-quarter.
- 2 funds opened new Pure Acquisition Corp. Unit positions in Q3 2018 and 3 closed out, a net change of -1 holder.
- The largest Pure Acquisition Corp. Unit buyer in Q3 2018 was Context Capital Management, an estimated $3.08M added.
- The largest Pure Acquisition Corp. Unit seller in Q3 2018 was K2 Principal Fund, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2018.