Tuscan Holdings Corp. II Unit
THCAU
THCAU was delisted on the 27th of July, 2022.
27 hedge funds and large institutions have $84.1M invested in Tuscan Holdings Corp. II Unit in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
7% less funds holding
Funds holding: 29 → 27 (-2)
12% less capital invested
Capital invested by funds: $95M → $84.1M (-$10.9M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$5.8M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$3.15M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$446K |
| 4 |
NM
Newtyn Management
New York
|
+$303K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$9.55M |
| 2 |
KC
Kepos Capital
New York
|
-$6.89M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$2.51M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.42M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.01M |
THCAU Hedge Fund Activity: Q4 2019 in Review
27 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. II Unit (THCAU) for Q4 2019, worth a combined $84.1M — down 12% from $95M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of THCAU and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Boothbay Fund Management, adding an estimated $5.8M. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $9.55M sold.
- 27 institutional investors held Tuscan Holdings Corp. II Unit (THCAU) as of Q4 2019, down from 29 in Q3 2019.
- Funds reported $84.1M of Tuscan Holdings Corp. II Unit stock for Q4 2019, down 12% quarter-over-quarter.
- 2 funds opened new Tuscan Holdings Corp. II Unit positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest Tuscan Holdings Corp. II Unit buyer in Q4 2019 was Boothbay Fund Management, an estimated $5.8M added.
- The largest Tuscan Holdings Corp. II Unit seller in Q4 2019 was Westchester Capital Management (New York), an estimated $9.55M sold.
Based on aggregated 13F filings for Q4 2019.