Software Acquisition Group Inc. Unit
SAQNU
SAQNU was delisted on the 14th of October, 2020.
21 hedge funds and large institutions have $45.9M invested in Software Acquisition Group Inc. Unit in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 23 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
49% less funds holding
Funds holding: 41 → 21 (-20)
67% less capital invested
Capital invested by funds: $138M → $45.9M (-$92.3M)
83% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$2.58M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.2M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$245K |
| 4 |
EIP
Easterly Investment Partners
Beverly,
Massachusetts
|
+$188K |
| 5 |
Walleye Trading
New York
|
+$77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$8.58M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.12M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.62M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
-$6.95M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.6M |
SAQNU Hedge Fund Activity: Q1 2020 in Review
21 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Software Acquisition Group Inc. Unit (SAQNU) for Q1 2020, worth a combined $45.9M — down 67% from $138M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SAQNU and 4 opened new positions — a net loss of 19 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $2.58M. The largest seller was Kepos Capital, exiting entirely with an estimated $8.58M sold.
- 21 institutional investors held Software Acquisition Group Inc. Unit (SAQNU) as of Q1 2020, down from 41 in Q4 2019.
- Funds reported $45.9M of Software Acquisition Group Inc. Unit stock for Q1 2020, down 67% quarter-over-quarter.
- 4 funds opened new Software Acquisition Group Inc. Unit positions in Q1 2020 and 23 closed out, a net change of -19 holders.
- The largest Software Acquisition Group Inc. Unit buyer in Q1 2020 was BlueCrest Capital Management, an estimated $2.58M added.
- The largest Software Acquisition Group Inc. Unit seller in Q1 2020 was Kepos Capital, an estimated $8.58M sold.
Based on aggregated 13F filings for Q1 2020.