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THCBU

Tuscan Holdings Corp. Unit

Delisted

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

14 hedge funds and large institutions have $30.2M invested in Tuscan Holdings Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% less funds holding

Funds holding: 2314 (-9)

56% less capital invested

Capital invested by funds: $68.8M → $30.2M (-$38.6M)

89% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 9

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 4

Holders
14
Holders Change
-9
Holders Change %
-39.13%
% of All Funds
0.31%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
1
Increased
Reduced
4
Closed
9
Calls
Puts
Net Calls
Net Calls Change

THCBU Hedge Fund Activity: Q1 2020 in Review

14 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Tuscan Holdings Corp. Unit (THCBU) for Q1 2020, worth a combined $30.2M — down 56% from $68.8M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of THCBU and 1 opened new positions — a net loss of 8 holders — while 4 trimmed existing stakes and 0 added.

The largest buyer was Aristides Capital, opening a new position worth an estimated $412K. The largest seller was K2 Principal Fund, exiting entirely with an estimated $8.41M sold.

  • 14 institutional investors held Tuscan Holdings Corp. Unit (THCBU) as of Q1 2020, down from 23 in Q4 2019.
  • Funds reported $30.2M of Tuscan Holdings Corp. Unit stock for Q1 2020, down 56% quarter-over-quarter.
  • 1 fund opened new Tuscan Holdings Corp. Unit positions in Q1 2020 and 9 closed out, a net change of -8 holders.
  • The largest Tuscan Holdings Corp. Unit buyer in Q1 2020 was Aristides Capital, an estimated $412K added.
  • The largest Tuscan Holdings Corp. Unit seller in Q1 2020 was K2 Principal Fund, an estimated $8.41M sold.

Based on aggregated 13F filings for Q1 2020.