Tuscan Holdings Corp. Unit
THCBU
THCBU was delisted on the 23rd of July, 2021.
26 hedge funds and large institutions have $78M invested in Tuscan Holdings Corp. Unit in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 11 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
0% more funds holding
Funds holding: 26 → 26 (0)
23% less capital invested
Capital invested by funds: $101M → $78M (-$22.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
91% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$25.7K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$118 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.92M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$7.5M |
| 3 |
SM
Scoggin Management
New York
|
-$1.32M |
| 4 |
Walleye Trading
New York
|
-$1.26M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.07M |
THCBU Hedge Fund Activity: Q3 2019 in Review
26 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. Unit (THCBU) for Q3 2019, worth a combined $78M — down 23% from $101M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new THCBU positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 11 trimmed.
The largest buyer was UBS Group, adding an estimated $25.7K. The largest seller was Polar Asset Management Partners, cutting an estimated $9.92M.
- 26 institutional investors held Tuscan Holdings Corp. Unit (THCBU) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $78M of Tuscan Holdings Corp. Unit stock for Q3 2019, down 23% quarter-over-quarter.
- 2 funds opened new Tuscan Holdings Corp. Unit positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest Tuscan Holdings Corp. Unit buyer in Q3 2019 was UBS Group, an estimated $25.7K added.
- The largest Tuscan Holdings Corp. Unit seller in Q3 2019 was Polar Asset Management Partners, an estimated $9.92M sold.
Based on aggregated 13F filings for Q3 2019.