Black Mountain Acquisition Corp.
BMAC
BMAC was delisted on the 7th of December, 2023.
67 hedge funds and large institutions have $248M invested in Black Mountain Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
3% more funds holding
Funds holding: 65 → 67 (+2)
5% more capital invested
Capital invested by funds: $237M → $248M (+$10.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.54M |
| 2 |
CC
Centiva Capital
New York
|
+$2.58M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.52M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.27M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$6.11M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.31M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$4.23M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.77M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$1.82M |
BMAC Hedge Fund Activity: Q4 2022 in Review
67 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Black Mountain Acquisition Corp. (BMAC) for Q4 2022, worth a combined $248M — up 4.5% from $237M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BMAC positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $4.54M. The largest seller was Highbridge Capital Management, cutting an estimated $6.11M.
- 67 institutional investors held Black Mountain Acquisition Corp. (BMAC) as of Q4 2022, up from 65 in Q3 2022.
- Funds reported $248M of Black Mountain Acquisition Corp. stock for Q4 2022, up 4.5% quarter-over-quarter.
- 8 funds opened new Black Mountain Acquisition Corp. positions in Q4 2022 and 5 closed out, a net change of +3 holders.
- The largest Black Mountain Acquisition Corp. buyer in Q4 2022 was Castle Creek Arbitrage, an estimated $4.54M added.
- The largest Black Mountain Acquisition Corp. seller in Q4 2022 was Highbridge Capital Management, an estimated $6.11M sold.
Based on aggregated 13F filings for Q4 2022.