Tuscan Holdings Corp. Unit
THCBU
THCBU was delisted on the 23rd of July, 2021.
23 hedge funds and large institutions have $68.8M invested in Tuscan Holdings Corp. Unit in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 26 → 23 (-3)
12% less capital invested
Capital invested by funds: $78M → $68.8M (-$9.17M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$4.32M |
| 2 |
CAC
Cowen and Company
New York
|
+$1.27M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$162K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$79.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$8.12M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$2.54M |
| 3 |
KC
Kepos Capital
New York
|
-$1.8M |
| 4 |
Walleye Capital
New York
|
-$1.07M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.07M |
THCBU Hedge Fund Activity: Q4 2019 in Review
23 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. Unit (THCBU) for Q4 2019, worth a combined $68.8M — down 12% from $78M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of THCBU and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Boothbay Fund Management, adding an estimated $4.32M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $8.12M sold.
- 23 institutional investors held Tuscan Holdings Corp. Unit (THCBU) as of Q4 2019, down from 26 in Q3 2019.
- Funds reported $68.8M of Tuscan Holdings Corp. Unit stock for Q4 2019, down 12% quarter-over-quarter.
- 2 funds opened new Tuscan Holdings Corp. Unit positions in Q4 2019 and 5 closed out, a net change of -3 holders.
- The largest Tuscan Holdings Corp. Unit buyer in Q4 2019 was Boothbay Fund Management, an estimated $4.32M added.
- The largest Tuscan Holdings Corp. Unit seller in Q4 2019 was BlueCrest Capital Management, an estimated $8.12M sold.
Based on aggregated 13F filings for Q4 2019.