Pure Acquisition Corp. Unit
PACQU
PACQU was delisted on the 17th of August, 2020.
27 hedge funds and large institutions have $109M invested in Pure Acquisition Corp. Unit in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
15% less capital invested
Capital invested by funds: $128M → $109M (-$19.7M)
18% less funds holding
Funds holding: 33 → 27 (-6)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$282K |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
+$104K |
| 3 |
OP
Omni Partners
London,
United Kingdom
|
+$95.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.15M |
| 2 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
-$3.91M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$2.39M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.11M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $8K | -$1.23K | -118 | -13% |
|
|
HIM
27
HGC Investment Management
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
28
Alyeska Investment Group
Chicago,
Illinois
| – | -$4.15M | -400,000 | Closed |
|
|
BCM
29
Bluefin Capital Management
New York
| – | -$2.39M | -230,000 | Closed |
|
|
DAM
30
Deltec Asset Management
New York
| – | -$1.04M | -100,000 | Closed |
|
|
KC
31
Kepos Capital
New York
| – | -$934K | -90,000 | Closed |
|
|
HCMT
32
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$414K | -39,900 | Closed |
|
PACQU Hedge Fund Activity: Q4 2018 in Review
27 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Pure Acquisition Corp. Unit (PACQU) for Q4 2018, worth a combined $109M — down 15% from $128M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PACQU and 0 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Cowen Inc, adding an estimated $282K. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $4.15M sold.
- 27 institutional investors held Pure Acquisition Corp. Unit (PACQU) as of Q4 2018, down from 33 in Q3 2018.
- Funds reported $109M of Pure Acquisition Corp. Unit stock for Q4 2018, down 15% quarter-over-quarter.
- 0 funds opened new Pure Acquisition Corp. Unit positions in Q4 2018 and 5 closed out, a net change of -5 holders.
- The largest Pure Acquisition Corp. Unit buyer in Q4 2018 was Cowen Inc, an estimated $282K added.
- The largest Pure Acquisition Corp. Unit seller in Q4 2018 was Alyeska Investment Group, an estimated $4.15M sold.
Based on aggregated 13F filings for Q4 2018.