Black Mountain Acquisition Corp.
BMAC
BMAC was delisted on the 7th of December, 2023.
56 hedge funds and large institutions have $205M invested in Black Mountain Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
29% more capital invested
Capital invested by funds: $159M → $205M (+$46.2M)
14% more funds holding
Funds holding: 49 → 56 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$9.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.4M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$8.4M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$5.01M |
| 5 |
CCM
Context Capital Management
Lajolla,
California
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.39M |
| 2 |
HIH
HRS Investment Holdings
New York
|
-$2.46M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.97M |
| 4 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$532K |
| 5 |
D.E. Shaw & Co
New York
|
-$340K |
BMAC Hedge Fund Activity: Q1 2022 in Review
56 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Black Mountain Acquisition Corp. (BMAC) for Q1 2022, worth a combined $205M — up 29% from $159M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BMAC positions and 4 closed out — a net gain of 7 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was Linden Advisors, opening a new position worth an estimated $9.9M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $5.39M sold.
- 56 institutional investors held Black Mountain Acquisition Corp. (BMAC) as of Q1 2022, up from 49 in Q4 2021.
- Funds reported $205M of Black Mountain Acquisition Corp. stock for Q1 2022, up 29% quarter-over-quarter.
- 11 funds opened new Black Mountain Acquisition Corp. positions in Q1 2022 and 4 closed out, a net change of +7 holders.
- The largest Black Mountain Acquisition Corp. buyer in Q1 2022 was Linden Advisors, an estimated $9.9M added.
- The largest Black Mountain Acquisition Corp. seller in Q1 2022 was AQR Arbitrage, an estimated $5.39M sold.
Based on aggregated 13F filings for Q1 2022.