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.
24 hedge funds and large institutions have $122M invested in Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 5 closing their positions.
8% less funds holding
Funds holding: 26 → 24 (-2)
25% less capital invested
Capital invested by funds: $163M → $122M (-$41M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tenor Capital Management
New York
|
+$5.04M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$4.03M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.02M |
| 4 |
Millennium Management
New York
|
+$2.02M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$20.2M |
| 2 |
Citigroup
New York
|
-$12.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$7.56M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$3.02M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Alyeska Investment Group
Chicago,
Illinois
| – | -$7.56M | -750,000 | Closed |
|
|
MIM
27
Monashee Investment Management
Boston,
Massachusetts
| – | -$3.02M | -300,000 | Closed |
|
|
CFIC
28
City Financial Investment Company
London,
United Kingdom
| – | -$2.02M | -200,000 | Closed |
|
|
BI
29
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$340K | -33,700 | Closed |
|
RWGE.U Hedge Fund Activity: Q2 2018 in Review
24 of the 4,368 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 Q2 2018, worth a combined $122M — down 25% from $163M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RWGE.U and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Tenor Capital Management, opening a new position worth an estimated $5.04M. The largest seller was Angelo Gordon & Co, exiting entirely with an estimated $20.2M sold.
- 24 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 Q2 2018, down from 26 in Q1 2018.
- Funds reported $122M of Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o stock for Q2 2018, down 25% 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 Q2 2018 and 5 closed out, a net change of -2 holders.
- The largest Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o buyer in Q2 2018 was Tenor Capital Management, an estimated $5.04M added.
- The largest Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o seller in Q2 2018 was Angelo Gordon & Co, an estimated $20.2M sold.
Based on aggregated 13F filings for Q2 2018.