Canyon Capital Advisors LLC continued to hold its stake in Kayne Anderson Acquisition Corp (NASDAQ:KAACU) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,000,000 shares of the company’s stock at the end of the 2nd quarter. Canyon Capital Advisors LLC owned 5.71% of Kayne Anderson Acquisition Corp worth $20,000,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Usca Ria LLC bought a new position in shares of Kayne Anderson Acquisition Corp in the 2nd quarter worth $564,000. Glacier Peak Capital LLC bought a new position in shares of Kayne Anderson Acquisition Corp in the 2nd quarter worth $776,000. Deltec Asset Management LLC raised its position in shares of Kayne Anderson Acquisition Corp by 200.0% in the 2nd quarter. Deltec Asset Management LLC now owns 150,000 shares of the company’s stock worth $1,500,000 after acquiring an additional 100,000 shares in the last quarter. JBF Capital Inc. raised its position in shares of Kayne Anderson Acquisition Corp by 11.5% in the 2nd quarter. JBF Capital Inc. now owns 665,597 shares of the company’s stock worth $6,656,000 after acquiring an additional 68,781 shares in the last quarter. Finally, Gluskin Sheff & Assoc Inc. raised its position in shares of Kayne Anderson Acquisition Corp by 1.0% in the 2nd quarter. Gluskin Sheff & Assoc Inc. now owns 808,300 shares of the company’s stock worth $8,095,000 after acquiring an additional 8,300 shares in the last quarter.

TRADEMARK VIOLATION WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/08/canyon-capital-advisors-llc-has-20000000-position-in-kayne-anderson-acquisition-corp-kaacu.html.

Kayne Anderson Acquisition Corp (NASDAQ KAACU) remained flat at $10.03 on Friday. The company’s stock had a trading volume of 4,300 shares. The stock’s market capitalization is $351.05 million. Kayne Anderson Acquisition Corp has a 1-year low of $9.95 and a 1-year high of $10.17.

About Kayne Anderson Acquisition Corp

Kayne Anderson Acquisition Corp. is a blank check company. The Company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search for a target business in the energy industry.

Want to see what other hedge funds are holding KAACU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kayne Anderson Acquisition Corp (NASDAQ:KAACU).

Institutional Ownership by Quarter for Kayne Anderson Acquisition Corp (NASDAQ:KAACU)

Receive News & Stock Ratings for Kayne Anderson Acquisition Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kayne Anderson Acquisition Corp and related stocks with our FREE daily email newsletter.