We are live on ! Find out more
THCBU

Tuscan Holdings Corp. Unit
THCBU

Delisted

THCBU was delisted on the 23rd of July, 2021.

Back to rankings

26 hedge funds and large institutions have $101M invested in Tuscan Holdings Corp. Unit in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 17 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% less funds holding

Funds holding: 34 → 26 (-8)

48% less capital invested

Capital invested by funds: $192M → $101M (-$91.7M)

67% less funds holding in top 10

Funds holding in top 10: 6 → 2 (-4)

80% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 10

94% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 17

Holders
26
Holders Change
-8
Holders Change %
-23.53%
% of All Funds
0.56%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.04%
New
2
Increased
1
Reduced
17
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PAMP
Polar Asset Management Partners
Ontario, Canada
+$8.93M
2
SM
Scoggin Management
New York
+$1.31M
3
UBS Group
UBS Group
Switzerland
+$2.1K

Top Sellers

Rank Fund Capital Flow
1
AA
AQR Arbitrage
Connecticut
-$16.6M
2
JGC
J. Goldman & Co
New York
-$14.1M
3
KC
Kepos Capital
New York
-$12.2M
4
KPF
K2 Principal Fund
Ontario, Canada
-$8.93M
5
WCMNY
Westchester Capital Management (New York)
New York
-$8.33M
Name Holding Trade Value Shares
Change 		Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$16.4M +$8.93M +850,000 +121%
CCA
2
Castle Creek Arbitrage
Colorado
$9.28M -$1.23M -117,096 -12%
BFM
3
Boothbay Fund Management
New York
$8.48M – – –
KPF
4
K2 Principal Fund
Ontario, Canada
$8.48M -$8.93M -850,223 -52%
BCM
5
BlueCrest Capital Management
Jersey
$8.06M – – –
Hudson Bay Capital Management
6
Hudson Bay Capital Management
Connecticut
$7.42M – – –
VOAM
7
Vertex One Asset Management
British Columbia, Canada
$6.82M -$2.11M -200,800 -24%
MTCM
8
Mint Tower Capital Management
Netherlands
$5.3M -$1.05M -100,000 -17%
SCM
9
Shaolin Capital Management
Florida
$5.3M -$1.05M -100,000 -17%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$3.65M -$583K -55,500 -14%
BCM
11
Basso Capital Management
Connecticut
$2.98M -$2.63M -250,000 -47%
Walleye Trading
12
Walleye Trading
New York
$2.94M -$63.3K -6,023 -2%
KC
13
Kepos Capital
New York
$2.89M -$12.2M -1,160,000 -81%
PC
14
Periscope Capital
Ontario, Canada
$2.83M -$6.06M -576,400 -68%
YCM
15
Yakira Capital Management
Connecticut
$2.38M – – –
SM
16
Scoggin Management
New York
$1.32M +$1.31M +125,000 New
CI
17
Cowen Inc
New York
$1.06M -$1.01M -96,299 -49%
Walleye Capital
18
Walleye Capital
New York
$1.06M -$788K -75,000 -43%
WAM
19
Wolverine Asset Management
Illinois
$1.06M -$2.1M -200,089 -67%
LIM
20
Longfellow Investment Management
Massachusetts
$983K -$2.94M -279,660 -75%
CCM
21
Context Capital Management
California
$953K -$1.16M -110,100 -55%
MAM
22
Myriad Asset Management
Hong Kong
$530K – – –
GCL
23
Glazer Capital LLC
New York
$501K -$292K -27,749 -37%
HIM
24
HGC Investment Management
Ontario, Canada
$64K -$94.6K -9,000 -60%
RCM
25
Rivernorth Capital Management
Florida
$2.65K – – –
1
2

THCBU Hedge Fund Activity: Q2 2019 in Review

26 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. Unit (THCBU) for Q2 2019, worth a combined $101M — down 48% from $192M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of THCBU and 2 opened new positions — a net loss of 8 holders — while 17 trimmed existing stakes and 1 added.

The largest buyer was Polar Asset Management Partners, adding an estimated $8.93M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $16.6M sold.

  • 26 institutional investors held Tuscan Holdings Corp. Unit (THCBU) as of Q2 2019, down from 34 in Q1 2019.
  • Funds reported $101M of Tuscan Holdings Corp. Unit stock for Q2 2019, down 48% quarter-over-quarter.
  • 2 funds opened new Tuscan Holdings Corp. Unit positions in Q2 2019 and 10 closed out, a net change of -8 holders.
  • The largest Tuscan Holdings Corp. Unit buyer in Q2 2019 was Polar Asset Management Partners, an estimated $8.93M added.
  • The largest Tuscan Holdings Corp. Unit seller in Q2 2019 was AQR Arbitrage, an estimated $16.6M sold.

Based on aggregated 13F filings for Q2 2019.