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THCBU

Tuscan Holdings Corp. Unit

Delisted

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

26 hedge funds and large institutions have $103M 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: 3426 (-8)

47% less capital invested

Capital invested by funds: $195M → $103M (-$91.1M)

67% less funds holding in top 10

Funds holding in top 10: 62 (-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

THCBU Hedge Fund Activity: Q2 2019 in Review

26 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. Unit (THCBU) for Q2 2019, worth a combined $103M — down 47% from $195M 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 $103M of Tuscan Holdings Corp. Unit stock for Q2 2019, down 47% 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.