Stellar Acquisition III Inc. Units
STLRU
STLRU was delisted on the 25th of October, 2018.
7 hedge funds and large institutions have $28.3M invested in Stellar Acquisition III Inc. Units in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 2 reducing their positions, and 6 closing their positions.
40% less capital invested
Capital invested by funds: $47.1M → $28.3M (-$18.8M)
46% less funds holding
Funds holding: 13 → 7 (-6)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$7.98M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.99M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$4.02M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.04M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$319K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
1
AQR Arbitrage
Greenwich,
Connecticut
| $8.24M | – | – | – |
|
|
BI
2
Bulldog Investors
Saddle Brook,
New Jersey
| $6.73M | – | – | – |
|
3
Hudson Bay Capital Management
Stamford,
Connecticut
| $6.18M | -$252K | -25,000 | -4% |
|
|
PAMP
4
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $3.16M | – | – | – |
|
|
RCM
5
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.06M | – | – | – |
|
|
WRBC
6
W.R. Berkley Corp
Greenwich,
Connecticut
| $992K | – | – | – |
|
|
ICM
7
Ionic Capital Management
New York
| $925K | -$103K | -10,200 | -10% |
|
|
BFM
8
Boothbay Fund Management
New York
| – | -$7.98M | -800,000 | Closed |
|
|
WAM
9
Weiss Asset Management
Boston,
Massachusetts
| – | -$4.99M | -500,000 | Closed |
|
|
GCL
10
Glazer Capital LLC
New York
| – | -$4.02M | -403,000 | Closed |
|
|
11
D.E. Shaw & Co
New York
| – | -$2.04M | -205,000 | Closed |
|
|
KPF
12
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$319K | -32,000 | Closed |
|
13
UBS Group
Zurich,
Switzerland
| – | -$18K | -1,798 | Closed |
|
STLRU Hedge Fund Activity: Q4 2016 in Review
7 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stellar Acquisition III Inc. Units (STLRU) for Q4 2016, worth a combined $28.3M — down 40% from $47.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of STLRU and 0 opened new positions — a net loss of 6 holders — while 2 trimmed existing stakes and 0 added.
The largest seller was Boothbay Fund Management, exiting entirely with an estimated $7.98M sold.
- 7 institutional investors held Stellar Acquisition III Inc. Units (STLRU) as of Q4 2016, down from 13 in Q3 2016.
- Funds reported $28.3M of Stellar Acquisition III Inc. Units stock for Q4 2016, down 40% quarter-over-quarter.
- 0 funds opened new Stellar Acquisition III Inc. Units positions in Q4 2016 and 6 closed out, a net change of -6 holders.
- The largest Stellar Acquisition III Inc. Units seller in Q4 2016 was Boothbay Fund Management, an estimated $7.98M sold.
Based on aggregated 13F filings for Q4 2016.