Thunder Bridge Acquisition, Ltd. Unit
TBRGU
TBRGU was delisted on the 11th of July, 2019.
25 hedge funds and large institutions have $88.8M invested in Thunder Bridge Acquisition, Ltd. Unit in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 12 closing their positions.
26% less funds holding
Funds holding: 34 → 25 (-9)
47% less capital invested
Capital invested by funds: $168M → $88.8M (-$79.7M)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.99M |
| 2 |
CI
Cowen Inc
New York
|
+$2.08M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.53M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
+$1.52M |
| 5 |
Walleye Trading
New York
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$18.1M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$15.9M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$13M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$8.47M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AQR Arbitrage
Greenwich,
Connecticut
| – | -$18.1M | -1,800,000 | Closed |
|
|
OAM
27
Oxford Asset Management
Oxford,
United Kingdom
| – | -$13M | -1,293,260 | Closed |
|
|
MTCM
28
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$4.01M | -400,000 | Closed |
|
|
OCAM
29
Owl Creek Asset Management
New York
| – | -$4.01M | -400,000 | Closed |
|
|
MP
30
Mangrove Partners
Greenwich,
Connecticut
| – | -$3.01M | -300,000 | Closed |
|
31
Geode Capital Management
Boston,
Massachusetts
| – | -$2.51M | -250,000 | Closed |
|
|
PGC
32
Pacific Grove Capital
San Francisco,
California
| – | -$1.6M | -160,000 | Closed |
|
|
RCM
33
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.5M | -150,000 | Closed |
|
|
PCM
34
Prelude Capital Management
New York
| – | -$502K | -50,000 | Closed |
|
|
SCA
35
Spearhead Capital Advisors
Wellington,
Florida
| – | -$211K | -21,000 | Closed |
|
36
Citadel Advisors
Miami,
Florida
| – | -$185K | -18,433 | Closed |
|
37
Bank of America
Charlotte,
North Carolina
| – | -$4K | -370 | Closed |
|
TBRGU Hedge Fund Activity: Q3 2018 in Review
25 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Thunder Bridge Acquisition, Ltd. Unit (TBRGU) for Q3 2018, worth a combined $88.8M — down 47% from $168M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TBRGU and 3 opened new positions — a net loss of 9 holders — while 11 trimmed existing stakes and 3 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.99M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $18.1M sold.
- 25 institutional investors held Thunder Bridge Acquisition, Ltd. Unit (TBRGU) as of Q3 2018, down from 34 in Q2 2018.
- Funds reported $88.8M of Thunder Bridge Acquisition, Ltd. Unit stock for Q3 2018, down 47% quarter-over-quarter.
- 3 funds opened new Thunder Bridge Acquisition, Ltd. Unit positions in Q3 2018 and 12 closed out, a net change of -9 holders.
- The largest Thunder Bridge Acquisition, Ltd. Unit buyer in Q3 2018 was Polar Asset Management Partners, an estimated $2.99M added.
- The largest Thunder Bridge Acquisition, Ltd. Unit seller in Q3 2018 was AQR Arbitrage, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2018.