Akazoo SA
SONG
SONG was delisted on the 1st of May, 2020.
21 hedge funds and large institutions have $15M invested in Akazoo SA in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
19% more capital invested
Capital invested by funds: $12.6M → $15M (+$2.36M)
11% more funds holding
Funds holding: 19 → 21 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
+$660K |
| 2 |
CAC
Cowen and Company
New York
|
+$309K |
| 3 |
Bank of New York Mellon
New York
|
+$273K |
| 4 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$272K |
| 5 |
Lazard Asset Management
New York
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$977K |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$506K |
| 3 |
Walleye Trading
New York
|
-$164K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$39K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$20.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -500 | Closed |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| – | -$2K | -300 | Closed |
|
SONG Hedge Fund Activity: Q4 2019 in Review
21 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Akazoo SA (SONG) for Q4 2019, worth a combined $15M — up 19% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SONG positions and 7 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Edge Capital Group, opening a new position worth an estimated $660K. The largest seller was Kepos Capital, exiting entirely with an estimated $977K sold.
- 21 institutional investors held Akazoo SA (SONG) as of Q4 2019, up from 19 in Q3 2019.
- Funds reported $15M of Akazoo SA stock for Q4 2019, up 19% quarter-over-quarter.
- 9 funds opened new Akazoo SA positions in Q4 2019 and 7 closed out, a net change of +2 holders.
- The largest Akazoo SA buyer in Q4 2019 was Edge Capital Group, an estimated $660K added.
- The largest Akazoo SA seller in Q4 2019 was Kepos Capital, an estimated $977K sold.
Based on aggregated 13F filings for Q4 2019.