Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
40 hedge funds and large institutions have $123M invested in Build Acquisition Corp. in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
35% more capital invested
Capital invested by funds: $91.5M → $123M (+$31.9M)
33% more funds holding
Funds holding: 30 → 40 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$7.74M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$6.29M |
| 3 |
D.E. Shaw & Co
New York
|
+$6.06M |
| 4 |
Millennium Management
New York
|
+$5.32M |
| 5 |
Goldman Sachs
New York
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.91M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.45M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$140K |
BGSX Hedge Fund Activity: Q3 2021 in Review
40 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q3 2021, worth a combined $123M — up 35% from $91.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BGSX positions and 1 closed out — a net gain of 10 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $7.74M. The largest seller was AQR Arbitrage, cutting an estimated $3.91M.
- 40 institutional investors held Build Acquisition Corp. (BGSX) as of Q3 2021, up from 30 in Q2 2021.
- Funds reported $123M of Build Acquisition Corp. stock for Q3 2021, up 35% quarter-over-quarter.
- 11 funds opened new Build Acquisition Corp. positions in Q3 2021 and 1 closed out, a net change of +10 holders.
- The largest Build Acquisition Corp. buyer in Q3 2021 was Macquarie Group, an estimated $7.74M added.
- The largest Build Acquisition Corp. seller in Q3 2021 was AQR Arbitrage, an estimated $3.91M sold.
Based on aggregated 13F filings for Q3 2021.