Build Acquisition Corp.
BGSX
BGSX was delisted on the 16th of March, 2023.
2 hedge funds and large institutions have $600K invested in Build Acquisition Corp. in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 46 closing their positions.
96% less funds holding
Funds holding: 48 → 2 (-46)
100% less capital invested
Capital invested by funds: $177M → $600K (-$177M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 46
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$16M |
| 2 |
SC
Sculptor Capital
New York
|
-$10.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$9.69M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$9.47M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
-$9.35M |
BGSX Hedge Fund Activity: Q1 2023 in Review
2 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. (BGSX) for Q1 2023, worth a combined $600K — down 100% from $177M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of BGSX and 0 opened new positions — a net loss of 46 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Magnetar Financial, exiting entirely with an estimated $16M sold.
- 2 institutional investors held Build Acquisition Corp. (BGSX) as of Q1 2023, down from 48 in Q4 2022.
- Funds reported $600K of Build Acquisition Corp. stock for Q1 2023, down 100% quarter-over-quarter.
- 0 funds opened new Build Acquisition Corp. positions in Q1 2023 and 46 closed out, a net change of -46 holders.
- The largest Build Acquisition Corp. seller in Q1 2023 was Magnetar Financial, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2023.