Tuscan Holdings Corp. II Unit
THCAU
THCAU was delisted on the 27th of July, 2022.
17 hedge funds and large institutions have $47.8M invested in Tuscan Holdings Corp. II Unit in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
14% less capital invested
Capital invested by funds: $55.6M → $47.8M (-$7.8M)
15% less funds holding
Funds holding: 20 → 17 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$498K |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$128K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.98K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$3.25M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$2.41M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.88M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.5M |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$450K |
THCAU Hedge Fund Activity: Q2 2020 in Review
17 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. II Unit (THCAU) for Q2 2020, worth a combined $47.8M — down 14% from $55.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of THCAU and 2 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $498K. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $3.25M sold.
- 17 institutional investors held Tuscan Holdings Corp. II Unit (THCAU) as of Q2 2020, down from 20 in Q1 2020.
- Funds reported $47.8M of Tuscan Holdings Corp. II Unit stock for Q2 2020, down 14% quarter-over-quarter.
- 2 funds opened new Tuscan Holdings Corp. II Unit positions in Q2 2020 and 5 closed out, a net change of -3 holders.
- The largest Tuscan Holdings Corp. II Unit buyer in Q2 2020 was Weiss Asset Management, an estimated $498K added.
- The largest Tuscan Holdings Corp. II Unit seller in Q2 2020 was D.E. Shaw & Co, an estimated $3.25M sold.
Based on aggregated 13F filings for Q2 2020.