TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and
TPGH.U
TPGH.U was delisted on the 20th of November, 2019.
34 hedge funds and large institutions have $288M invested in TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 17 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
23% less capital invested
Capital invested by funds: $377M → $288M (-$88.4M)
24% less funds holding
Funds holding: 45 → 34 (-11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$11.9M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$3.89M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$3.09M |
| 4 |
Jennison Associates
New York
|
+$2.3M |
| 5 |
BlackRock
New York
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$23.1M |
| 2 |
AIM
Assured Investment Management
New York
|
-$20.5M |
| 3 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$15.4M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$14.4M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$12.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$165K | -16,120 | Closed |
|
|
BCM
52
Bluefin Capital Management
New York
| – | -$103K | -10,000 | Closed |
|
TPGH.U Hedge Fund Activity: Q3 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and (TPGH.U) for Q3 2017, worth a combined $288M — down 23% from $377M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TPGH.U and 6 opened new positions — a net loss of 11 holders — while 3 trimmed existing stakes and 9 added.
The largest buyer was Alberta Investment Management Corp (AIMCo), opening a new position worth an estimated $11.9M. The largest seller was Governors Lane, exiting entirely with an estimated $23.1M sold.
- 34 institutional investors held TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and (TPGH.U) as of Q3 2017, down from 45 in Q2 2017.
- Funds reported $288M of TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and stock for Q3 2017, down 23% quarter-over-quarter.
- 6 funds opened new TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and positions in Q3 2017 and 17 closed out, a net change of -11 holders.
- The largest TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and buyer in Q3 2017 was Alberta Investment Management Corp (AIMCo), an estimated $11.9M added.
- The largest TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and seller in Q3 2017 was Governors Lane, an estimated $23.1M sold.
Based on aggregated 13F filings for Q3 2017.