Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
BGSX.U
BGSX.U was delisted on the 16th of March, 2023.
14 hedge funds and large institutions have $3.37M invested in Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
18% less funds holding
Funds holding: 17 → 14 (-3)
67% less capital invested
Capital invested by funds: $10.2M → $3.37M (-$6.86M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$185K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$157K |
| 3 |
CS
Clear Street
New York
|
+$49.6K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$16.4K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$432 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$4.92M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$837K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$706K |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$544K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$196K |
BGSX.U Hedge Fund Activity: Q3 2022 in Review
14 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (BGSX.U) for Q3 2022, worth a combined $3.37M — down 67% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BGSX.U and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Glazer Capital LLC, adding an estimated $185K. The largest seller was Calamos Advisors, exiting entirely with an estimated $4.92M sold.
- 14 institutional investors held Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (BGSX.U) as of Q3 2022, down from 17 in Q2 2022.
- Funds reported $3.37M of Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q3 2022, down 67% quarter-over-quarter.
- 1 fund opened new Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q3 2022 and 4 closed out, a net change of -3 holders.
- The largest Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q3 2022 was Glazer Capital LLC, an estimated $185K added.
- The largest Build Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q3 2022 was Calamos Advisors, an estimated $4.92M sold.
Based on aggregated 13F filings for Q3 2022.