Black Mountain Acquisition Corp.
BMAC
BMAC was delisted on the 7th of December, 2023.
70 hedge funds and large institutions have $237M invested in Black Mountain Acquisition Corp. in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
25% more funds holding
Funds holding: 56 → 70 (+14)
15% more capital invested
Capital invested by funds: $205M → $237M (+$31.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$9.31M |
| 2 |
SCM
Saba Capital Management
New York
|
+$8.19M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.66M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
+$6.1M |
| 5 |
CIM
Cowen Investment Management
New York
|
+$5.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$9.31M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.49M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$7.37M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.48M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.99M |
BMAC Hedge Fund Activity: Q2 2022 in Review
70 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Black Mountain Acquisition Corp. (BMAC) for Q2 2022, worth a combined $237M — up 15% from $205M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BMAC positions and 4 closed out — a net gain of 15 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $9.31M. The largest seller was Linden Advisors, cutting an estimated $9.31M.
- 70 institutional investors held Black Mountain Acquisition Corp. (BMAC) as of Q2 2022, up from 56 in Q1 2022.
- Funds reported $237M of Black Mountain Acquisition Corp. stock for Q2 2022, up 15% quarter-over-quarter.
- 19 funds opened new Black Mountain Acquisition Corp. positions in Q2 2022 and 4 closed out, a net change of +15 holders.
- The largest Black Mountain Acquisition Corp. buyer in Q2 2022 was HSBC Holdings, an estimated $9.31M added.
- The largest Black Mountain Acquisition Corp. seller in Q2 2022 was Linden Advisors, an estimated $9.31M sold.
Based on aggregated 13F filings for Q2 2022.