Tuscan Holdings Corp. II Common Stock
THCA
THCA was delisted on the 18th of November, 2022.
27 hedge funds and large institutions have $89.3M invested in Tuscan Holdings Corp. II Common Stock in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
31% more capital invested
Capital invested by funds: $68.3M → $89.3M (+$21M)
23% more funds holding
Funds holding: 22 → 27 (+5)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$12.8M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$7.27M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$4.69M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
+$4.12M |
| 5 |
Millennium Management
New York
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.77M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$5.92M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.45M |
| 4 |
KC
Kepos Capital
New York
|
-$2.22M |
| 5 |
CAC
Cowen and Company
New York
|
-$1.5M |
THCA Hedge Fund Activity: Q1 2020 in Review
27 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. II Common Stock (THCA) for Q1 2020, worth a combined $89.3M — up 31% from $68.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new THCA positions and 5 closed out — a net gain of 5 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $12.8M. The largest seller was Karpus Investment Management, cutting an estimated $7.77M.
- 27 institutional investors held Tuscan Holdings Corp. II Common Stock (THCA) as of Q1 2020, up from 22 in Q4 2019.
- Funds reported $89.3M of Tuscan Holdings Corp. II Common Stock stock for Q1 2020, up 31% quarter-over-quarter.
- 10 funds opened new Tuscan Holdings Corp. II Common Stock positions in Q1 2020 and 5 closed out, a net change of +5 holders.
- The largest Tuscan Holdings Corp. II Common Stock buyer in Q1 2020 was Fir Tree Capital Management, an estimated $12.8M added.
- The largest Tuscan Holdings Corp. II Common Stock seller in Q1 2020 was Karpus Investment Management, an estimated $7.77M sold.
Based on aggregated 13F filings for Q1 2020.