Pure Acquisition Corp. Unit
PACQU
PACQU was delisted on the 17th of August, 2020.
18 hedge funds and large institutions have $70.9M invested in Pure Acquisition Corp. Unit in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
18% less capital invested
Capital invested by funds: $86.8M → $70.9M (-$15.8M)
22% less funds holding
Funds holding: 23 → 18 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
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
|
+$737K |
| 2 |
OP
Omni Partners
London,
United Kingdom
|
+$669K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$268K |
| 4 |
Morgan Stanley
New York
|
+$2.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$10.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.04M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$4.27M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$2.89M |
| 5 |
BlackRock
New York
|
-$2.12M |
PACQU Hedge Fund Activity: Q2 2019 in Review
18 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Pure Acquisition Corp. Unit (PACQU) for Q2 2019, worth a combined $70.9M — down 18% from $86.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PACQU and 0 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Cowen Inc, adding an estimated $737K. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $10.7M sold.
- 18 institutional investors held Pure Acquisition Corp. Unit (PACQU) as of Q2 2019, down from 23 in Q1 2019.
- Funds reported $70.9M of Pure Acquisition Corp. Unit stock for Q2 2019, down 18% quarter-over-quarter.
- 0 funds opened new Pure Acquisition Corp. Unit positions in Q2 2019 and 5 closed out, a net change of -5 holders.
- The largest Pure Acquisition Corp. Unit buyer in Q2 2019 was Cowen Inc, an estimated $737K added.
- The largest Pure Acquisition Corp. Unit seller in Q2 2019 was Hudson Bay Capital Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2019.