Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
48 hedge funds and large institutions have $177M invested in Build Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
4% less capital invested
Capital invested by funds: $185M → $177M (-$7.66M)
9% less funds holding
Funds holding: 53 → 48 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$6.54M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$6.26M |
| 3 |
ETH
Exos TFP Holdings
New York
|
+$2.67M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.22M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$6.18M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.91M |
| 3 |
CF
Cantor Fitzgerald
New York
|
-$5.22M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$4.92M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Calamos Advisors
Naperville,
Illinois
| – | -$4.92M | -500,000 | Closed |
|
|
UOC
52
UBS O'Connor
Chicago,
Illinois
| – | -$4.54M | -462,042 | Closed |
|
|
BCM
53
Basso Capital Management
Stamford,
Connecticut
| – | -$1.79M | -182,086 | Closed |
|
|
ACM
54
Atalaya Capital Management
New York
| – | -$1.12M | -113,740 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$984K | -100,000 | Closed |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$465K | -47,385 | Closed |
|
|
MIG
57
Mariner Investment Group
Harrison,
New York
| – | -$357K | -36,354 | Closed |
|
|
HCM
58
Highbridge Capital Management
New York
| – | -$127K | -12,968 | Closed |
|
|
AA
59
Ancora Advisors
Cleveland,
Ohio
| – | -$92K | -9,375 | Closed |
|
60
UBS Group
Zurich,
Switzerland
| – | -$12K | -1,192 | Closed |
|
|
CS
61
Clear Street
New York
| – | -$7K | -700 | Closed |
|
BGSX Hedge Fund Activity: Q4 2022 in Review
48 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q4 2022, worth a combined $177M — down 4.1% from $185M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BGSX and 8 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Mint Tower Capital Management, opening a new position worth an estimated $6.54M. The largest seller was HBK Investments, exiting entirely with an estimated $6.18M sold.
- 48 institutional investors held Build Acquisition Corp. (BGSX) as of Q4 2022, down from 53 in Q3 2022.
- Funds reported $177M of Build Acquisition Corp. stock for Q4 2022, down 4.1% quarter-over-quarter.
- 8 funds opened new Build Acquisition Corp. positions in Q4 2022 and 13 closed out, a net change of -5 holders.
- The largest Build Acquisition Corp. buyer in Q4 2022 was Mint Tower Capital Management, an estimated $6.54M added.
- The largest Build Acquisition Corp. seller in Q4 2022 was HBK Investments, an estimated $6.18M sold.
Based on aggregated 13F filings for Q4 2022.