Pure Acquisition Corp. Unit
PACQU
PACQU was delisted on the 17th of August, 2020.
23 hedge funds and large institutions have $84.2M invested in Pure Acquisition Corp. Unit in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 4 closing their positions.
15% less funds holding
Funds holding: 27 → 23 (-4)
23% less capital invested
Capital invested by funds: $109M → $84.2M (-$24.6M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.42M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$947K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$947K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hartree Partners
New York
|
-$12.5M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$6.46M |
| 3 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$4.43M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$1.84M |
| 5 |
TCM
Tenor Capital Management
New York
|
-$1.31M |
PACQU Hedge Fund Activity: Q1 2019 in Review
23 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Pure Acquisition Corp. Unit (PACQU) for Q1 2019, worth a combined $84.2M — down 23% from $109M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PACQU and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.42M. The largest seller was Hartree Partners, exiting entirely with an estimated $12.5M sold.
- 23 institutional investors held Pure Acquisition Corp. Unit (PACQU) as of Q1 2019, down from 27 in Q4 2018.
- Funds reported $84.2M of Pure Acquisition Corp. Unit stock for Q1 2019, down 23% quarter-over-quarter.
- 1 fund opened new Pure Acquisition Corp. Unit positions in Q1 2019 and 4 closed out, a net change of -3 holders.
- The largest Pure Acquisition Corp. Unit buyer in Q1 2019 was Polar Asset Management Partners, an estimated $2.42M added.
- The largest Pure Acquisition Corp. Unit seller in Q1 2019 was Hartree Partners, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2019.