Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
53 hedge funds and large institutions have $185M invested in Build Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
19% more capital invested
Capital invested by funds: $155M → $185M (+$29.6M)
8% more funds holding
Funds holding: 49 → 53 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$14M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.85M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
+$4.91M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$2.46M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$699K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atalaya Capital Management
New York
|
-$1.47M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$1.19M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$454K |
| 4 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$244K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
51
Ancora Advisors
Cleveland,
Ohio
| $92K | – | – | – |
|
52
UBS Group
Zurich,
Switzerland
| $12K | +$10 | +1 | +0.1% |
|
|
CS
53
Clear Street
New York
| $7K | +$6.87K | +700 | New |
|
|
VCM
54
Venator Capital Management
Toronto,
Ontario, Canada
| – | -$244K | -25,000 | Closed |
|
|
SSA
55
Schonfeld Strategic Advisors
New York
| – | -$102K | -10,400 | Closed |
|
BGSX Hedge Fund Activity: Q3 2022 in Review
53 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q3 2022, worth a combined $185M — up 19% from $155M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BGSX positions and 2 closed out — a net gain of 4 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $14M. The largest seller was Atalaya Capital Management, cutting an estimated $1.47M.
- 53 institutional investors held Build Acquisition Corp. (BGSX) as of Q3 2022, up from 49 in Q2 2022.
- Funds reported $185M of Build Acquisition Corp. stock for Q3 2022, up 19% quarter-over-quarter.
- 6 funds opened new Build Acquisition Corp. positions in Q3 2022 and 2 closed out, a net change of +4 holders.
- The largest Build Acquisition Corp. buyer in Q3 2022 was Magnetar Financial, an estimated $14M added.
- The largest Build Acquisition Corp. seller in Q3 2022 was Atalaya Capital Management, an estimated $1.47M sold.
Based on aggregated 13F filings for Q3 2022.