Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
47 hedge funds and large institutions have $146M invested in Build Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $136M → $146M (+$10.7M)
4% more funds holding
Funds holding: 45 → 47 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$5.89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.38M |
| 3 |
SCM
Saba Capital Management
New York
|
+$3.66M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.18M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$4.37M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$3.42M |
| 3 |
SC
Sculptor Capital
New York
|
-$2.18M |
| 4 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$1.95M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$1.95M |
BGSX Hedge Fund Activity: Q1 2022 in Review
47 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q1 2022, worth a combined $146M — up 7.9% from $136M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BGSX positions and 9 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $5.89M. The largest seller was Centerbridge Partners, exiting entirely with an estimated $4.37M sold.
- 47 institutional investors held Build Acquisition Corp. (BGSX) as of Q1 2022, up from 45 in Q4 2021.
- Funds reported $146M of Build Acquisition Corp. stock for Q1 2022, up 7.9% quarter-over-quarter.
- 11 funds opened new Build Acquisition Corp. positions in Q1 2022 and 9 closed out, a net change of +2 holders.
- The largest Build Acquisition Corp. buyer in Q1 2022 was Shaolin Capital Management, an estimated $5.89M added.
- The largest Build Acquisition Corp. seller in Q1 2022 was Centerbridge Partners, an estimated $4.37M sold.
Based on aggregated 13F filings for Q1 2022.