Pure Acquisition Corp. Unit
PACQU
PACQU was delisted on the 17th of August, 2020.
3 hedge funds and large institutions have $2.51M invested in Pure Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 5 closing their positions.
67% less funds holding
Funds holding: 9 → 3 (-6)
75% less capital invested
Capital invested by funds: $10.2M → $2.51M (-$7.7M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$3.35M |
| 2 |
CAC
Cowen and Company
New York
|
-$869K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$216K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$72K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
1
Context Capital Management
Lajolla,
California
| $2.49M | – | – | – |
|
2
Morgan Stanley
New York
| $10K | -$1.29K | -118 | -10% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $8K | – | – | – |
|
|
CIM
4
Cowen Investment Management
New York
| – | -$3.35M | -310,000 | Closed |
|
|
CAC
5
Cowen and Company
New York
| – | -$869K | -80,421 | Closed |
|
|
WAM
6
Wolverine Asset Management
Chicago,
Illinois
| – | -$216K | -20,000 | Closed |
|
|
BCM
7
Basso Capital Management
Stamford,
Connecticut
| – | -$72K | -6,700 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$8K | -800 | Closed |
|
PACQU Hedge Fund Activity: Q1 2020 in Review
3 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Pure Acquisition Corp. Unit (PACQU) for Q1 2020, worth a combined $2.51M — down 75% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PACQU and 0 opened new positions — a net loss of 5 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Cowen Investment Management, exiting entirely with an estimated $3.35M sold.
- 3 institutional investors held Pure Acquisition Corp. Unit (PACQU) as of Q1 2020, down from 9 in Q4 2019.
- Funds reported $2.51M of Pure Acquisition Corp. Unit stock for Q1 2020, down 75% quarter-over-quarter.
- 0 funds opened new Pure Acquisition Corp. Unit positions in Q1 2020 and 5 closed out, a net change of -5 holders.
- The largest Pure Acquisition Corp. Unit seller in Q1 2020 was Cowen Investment Management, an estimated $3.35M sold.
Based on aggregated 13F filings for Q1 2020.