Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
46 hedge funds and large institutions have $134M invested in Build Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 10 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more funds holding
Funds holding: 45 → 46 (+1)
1% less capital invested
Capital invested by funds: $136M → $134M (-$2.01M)
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 |
CF
Cantor Fitzgerald
New York
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$4.37M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$3.42M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.22M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.18M |
| 5 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$1.95M |
BGSX Hedge Fund Activity: Q1 2022 in Review
46 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q1 2022, worth a combined $134M — down 1.5% from $136M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BGSX positions and 10 closed out — a net gain of 1 holder — while 8 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.
- 46 institutional investors held Build Acquisition Corp. (BGSX) as of Q1 2022, up from 45 in Q4 2021.
- Funds reported $134M of Build Acquisition Corp. stock for Q1 2022, down 1.5% quarter-over-quarter.
- 11 funds opened new Build Acquisition Corp. positions in Q1 2022 and 10 closed out, a net change of +1 holder.
- 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.