Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o
RWGE.U
RWGE.U was delisted on the 13th of December, 2019.
26 hedge funds and large institutions have $163M invested in Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 8 closing their positions.
16% less funds holding
Funds holding: 31 → 26 (-5)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
38% less capital invested
Capital invested by funds: $261M → $163M (-$97.7M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$3M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$1.06M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$1.01M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$999K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.9M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$14.9M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$14.9M |
| 4 |
GL
Governors Lane
New York
|
-$14.6M |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$9.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KC
26
Kepos Capital
New York
| $101K | +$99.9K | +10,000 | New |
|
27
UBS Group
Zurich,
Switzerland
| $29K | +$23K | +2,300 | +385% |
|
|
28
Adage Capital Partners
Boston,
Massachusetts
| – | -$19.9M | -2,000,000 | Closed |
|
|
AA
29
AQR Arbitrage
Greenwich,
Connecticut
| – | -$14.9M | -1,500,000 | Closed |
|
|
FTCM
30
Fir Tree Capital Management
New York
| – | -$14.9M | -1,500,000 | Closed |
|
|
GL
31
Governors Lane
New York
| – | -$14.6M | -1,470,000 | Closed |
|
|
MAM
32
Myriad Asset Management
North Point,
Hong Kong
| – | -$9.95M | -1,000,000 | Closed |
|
|
OCAM
33
Owl Creek Asset Management
New York
| – | -$9.95M | -1,000,000 | Closed |
|
|
WRBC
34
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$8.61M | -865,470 | Closed |
|
RWGE.U Hedge Fund Activity: Q1 2018 in Review
26 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o (RWGE.U) for Q1 2018, worth a combined $163M — down 38% from $261M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RWGE.U and 3 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Deutsche Bank, adding an estimated $10M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $19.9M sold.
- 26 institutional investors held Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o (RWGE.U) as of Q1 2018, down from 31 in Q4 2017.
- Funds reported $163M of Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o stock for Q1 2018, down 38% quarter-over-quarter.
- 3 funds opened new Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o positions in Q1 2018 and 8 closed out, a net change of -5 holders.
- The largest Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o buyer in Q1 2018 was Deutsche Bank, an estimated $10M added.
- The largest Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o seller in Q1 2018 was Adage Capital Partners, an estimated $19.9M sold.
Based on aggregated 13F filings for Q1 2018.