Tuscan Holdings Corp. II Unit
THCAU
THCAU was delisted on the 27th of July, 2022.
20 hedge funds and large institutions have $55.6M invested in Tuscan Holdings Corp. II Unit in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 8 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
26% less funds holding
Funds holding: 27 → 20 (-7)
34% less capital invested
Capital invested by funds: $84.1M → $55.6M (-$28.5M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$5M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$999K |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$450K |
| 4 |
Walleye Capital
New York
|
+$119K |
| 5 |
Walleye Trading
New York
|
+$90.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$7.77M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$6.68M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$5.51M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.89M |
| 5 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$1.16M |
THCAU Hedge Fund Activity: Q1 2020 in Review
20 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. II Unit (THCAU) for Q1 2020, worth a combined $55.6M — down 34% from $84.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of THCAU and 2 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Paloma Partners, opening a new position worth an estimated $5M. The largest seller was Newtyn Management, exiting entirely with an estimated $7.77M sold.
- 20 institutional investors held Tuscan Holdings Corp. II Unit (THCAU) as of Q1 2020, down from 27 in Q4 2019.
- Funds reported $55.6M of Tuscan Holdings Corp. II Unit stock for Q1 2020, down 34% quarter-over-quarter.
- 2 funds opened new Tuscan Holdings Corp. II Unit positions in Q1 2020 and 8 closed out, a net change of -6 holders.
- The largest Tuscan Holdings Corp. II Unit buyer in Q1 2020 was Paloma Partners, an estimated $5M added.
- The largest Tuscan Holdings Corp. II Unit seller in Q1 2020 was Newtyn Management, an estimated $7.77M sold.
Based on aggregated 13F filings for Q1 2020.