Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
49 hedge funds and large institutions have $182M invested in Build Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 12 closing their positions.
2% less capital invested
Capital invested by funds: $185M → $182M (-$3.08M)
8% less funds holding
Funds holding: 53 → 49 (-4)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
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 |
SC
Sculptor Capital
New York
|
-$2.22M |
BGSX Hedge Fund Activity: Q4 2022 in Review
49 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q4 2022, worth a combined $182M — down 1.7% from $185M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BGSX and 8 opened new positions — a net loss of 4 holders — while 7 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.
- 49 institutional investors held Build Acquisition Corp. (BGSX) as of Q4 2022, down from 53 in Q3 2022.
- Funds reported $182M of Build Acquisition Corp. stock for Q4 2022, down 1.7% quarter-over-quarter.
- 8 funds opened new Build Acquisition Corp. positions in Q4 2022 and 12 closed out, a net change of -4 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.