Saban Capital Acquisition Corp. Class A Ordinary Share
SCAC
SCAC was delisted on the 29th of March, 2019.
29 hedge funds and large institutions have $200M invested in Saban Capital Acquisition Corp. Class A Ordinary Share in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1% less capital invested
Capital invested by funds: $202M → $200M (-$2.29M)
9% less funds holding
Funds holding: 32 → 29 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$14.9M |
| 2 |
CI
Cowen Inc
New York
|
+$13M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$9.41M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$6.54M |
| 5 |
AGM
Alpine Global Management
New York
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$10.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.25M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$5.9M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$5.62M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$5.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Basso Capital Management
Stamford,
Connecticut
| $132K | -$5.62M | -549,977 | -98% |
|
|
TSS
27
Two Sigma Securities
New York
| $128K | +$128K | +12,496 | New |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $30K | +$29.6K | +2,900 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $26K | +$23.5K | +2,299 | +1,161% |
|
|
HCM
30
Highbridge Capital Management
New York
| – | -$10.1M | -1,000,000 | Closed |
|
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$9.25M | -916,424 | Closed |
|
|
HIM
32
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$5.34M | -529,661 | Closed |
|
|
AIMCA
33
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$5.04M | -500,000 | Closed |
|
|
AGC
34
Angelo Gordon & Co
New York
| – | -$5.04M | -500,000 | Closed |
|
|
GCL
35
Glazer Capital LLC
New York
| – | -$4.85M | -480,574 | Closed |
|
36
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1.01M | -100,000 | Closed |
|
|
KC
37
Kepos Capital
New York
| – | -$232K | -23,040 | Closed |
|
38
UBS Group
Zurich,
Switzerland
| – | -$22K | -2,220 | Closed |
|
SCAC Hedge Fund Activity: Q1 2019 in Review
29 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Saban Capital Acquisition Corp. Class A Ordinary Share (SCAC) for Q1 2019, worth a combined $200M — down 1.1% from $202M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SCAC and 7 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Mizuho Securities USA, adding an estimated $14.9M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $10.1M sold.
- 29 institutional investors held Saban Capital Acquisition Corp. Class A Ordinary Share (SCAC) as of Q1 2019, down from 32 in Q4 2018.
- Funds reported $200M of Saban Capital Acquisition Corp. Class A Ordinary Share stock for Q1 2019, down 1.1% quarter-over-quarter.
- 7 funds opened new Saban Capital Acquisition Corp. Class A Ordinary Share positions in Q1 2019 and 9 closed out, a net change of -2 holders.
- The largest Saban Capital Acquisition Corp. Class A Ordinary Share buyer in Q1 2019 was Mizuho Securities USA, an estimated $14.9M added.
- The largest Saban Capital Acquisition Corp. Class A Ordinary Share seller in Q1 2019 was Highbridge Capital Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2019.