HGC Investment Management’s Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant BRD.U Stock Holding History

HGC Investment Management’s Portfolio BRD.U Stock Details BRD.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q4	–	Sell	-150,000	Closed	-$1.51M	–	366
2022 Q3	$1.51M	Sell	150,000 -150,000	-50%	-$1.5M	0.1%	209
2022 Q2	$3.01M	Buy	300,000 +150,000	+100%	+$1.5M	0.09%	239
2022 Q1	$1.51M	Hold	150,000	–	–	0.09%	232
2021 Q4	$1.52M	Buy	+150,000	New	+$1.51M	0.09%	241

Other funds holding BRD.U

BCL

Bracebridge Capital LLC Boston, Massachusetts $3.73B AUM 33.02% 1-Year Est. Return

SRF

Silver Rock Financial Los Angeles, California $49.7M AUM 17.42% 1-Year Est. Return

Walleye Capital New York $28B AUM 44.22% 1-Year Est. Return

WMSA

Weiss Multi-Strategy Advisers New York $4.16B AUM 30.77% 1-Year Est. Return

Walleye Trading New York $87.6B AUM 68.17% 1-Year Est. Return

CCA

Castle Creek Arbitrage Avon, Colorado $425M AUM 7.4% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

Clear Street New York $24.6B AUM 56.25% 1-Year Est. Return

WAM

Wolverine Asset Management Chicago, Illinois $11.4B AUM 5.66% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

HGC Investment Management's BRD.U Position: Q4 2022 in Review

HGC Investment Management sold out of Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (BRD.U) in Q4 2022, closing a stake of 150,000 shares — an estimated $1.51M sold.

HGC Investment Management first reported a position in BRD.U in Q4 2021 and held it in 4 quarters. The position peaked at $3.01M in Q2 2022. 10 funds tracked by Wall St. Rank hold BRD.U as of Q4 2022.

HGC Investment Management reported no remaining Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant position as of Q4 2022 after selling out during the quarter.
HGC Investment Management sold 150,000 Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant shares in Q4 2022, an estimated $1.51M.
HGC Investment Management first reported a position in Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant in Q4 2021 and held it in 4 quarters.
HGC Investment Management's Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant position peaked at $3.01M in Q2 2022.
10 funds tracked by Wall St. Rank held Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant as of Q4 2022.

Based on HGC Investment Management's 13F filing for Q4 2022, filed 14 Feb 2023.