Stellar Acquisition III Inc. Units
STLRU
STLRU was delisted on the 25th of October, 2018.
6 hedge funds and large institutions have $10.4M invested in Stellar Acquisition III Inc. Units in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
14% less funds holding
Funds holding: 7 → 6 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
63% less capital invested
Capital invested by funds: $28.3M → $10.4M (-$17.9M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$619K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$13.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$8.24M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$6.73M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.06M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Hudson Bay Capital Management
Stamford,
Connecticut
| $6.25M | – | – | – |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $1.57M | -$1.6M | -155,500 | -51% |
|
|
WRBC
3
W.R. Berkley Corp
Greenwich,
Connecticut
| $988K | – | – | – |
|
|
ICM
4
Ionic Capital Management
New York
| $934K | – | – | – |
|
|
PC
5
Periscope Capital
Toronto,
Ontario, Canada
| $624K | +$619K | +60,000 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $13K | +$13.4K | +1,300 | New |
|
|
AA
7
AQR Arbitrage
Greenwich,
Connecticut
| – | -$8.24M | -800,000 | Closed |
|
|
BI
8
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$6.73M | -653,000 | Closed |
|
|
RCM
9
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.06M | -200,000 | Closed |
|
STLRU Hedge Fund Activity: Q1 2017 in Review
6 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Stellar Acquisition III Inc. Units (STLRU) for Q1 2017, worth a combined $10.4M — down 63% from $28.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of STLRU and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $619K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $8.24M sold.
- 6 institutional investors held Stellar Acquisition III Inc. Units (STLRU) as of Q1 2017, down from 7 in Q4 2016.
- Funds reported $10.4M of Stellar Acquisition III Inc. Units stock for Q1 2017, down 63% quarter-over-quarter.
- 2 funds opened new Stellar Acquisition III Inc. Units positions in Q1 2017 and 3 closed out, a net change of -1 holder.
- The largest Stellar Acquisition III Inc. Units buyer in Q1 2017 was Periscope Capital, an estimated $619K added.
- The largest Stellar Acquisition III Inc. Units seller in Q1 2017 was AQR Arbitrage, an estimated $8.24M sold.
Based on aggregated 13F filings for Q1 2017.