Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
49 hedge funds and large institutions have $157M invested in Build Acquisition Corp. in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 1 reducing their positions, and 4 closing their positions.
900% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 1
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more capital invested
Capital invested by funds: $146M → $157M (+$10.4M)
4% more funds holding
Funds holding: 47 → 49 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.4M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.75M |
| 3 |
CF
Cantor Fitzgerald
New York
|
+$1.9M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.65M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$2.44M |
| 2 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
-$1.95M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$195K |
| 4 |
HF
HRT Financial
New York
|
-$20 |
BGSX Hedge Fund Activity: Q2 2022 in Review
49 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q2 2022, worth a combined $157M — up 7.1% from $146M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BGSX positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 1 trimmed.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $4.4M. The largest seller was Arena Capital Advisors, exiting entirely with an estimated $2.44M sold.
- 49 institutional investors held Build Acquisition Corp. (BGSX) as of Q2 2022, up from 47 in Q1 2022.
- Funds reported $157M of Build Acquisition Corp. stock for Q2 2022, up 7.1% quarter-over-quarter.
- 7 funds opened new Build Acquisition Corp. positions in Q2 2022 and 4 closed out, a net change of +3 holders.
- The largest Build Acquisition Corp. buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $4.4M added.
- The largest Build Acquisition Corp. seller in Q2 2022 was Arena Capital Advisors, an estimated $2.44M sold.
Based on aggregated 13F filings for Q2 2022.