Black Mountain Acquisition Corp.
BMAC
BMAC was delisted on the 7th of December, 2023.
68 hedge funds and large institutions have $252M 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, 10 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
5% more funds holding
Funds holding: 65 → 68 (+3)
3% more capital invested
Capital invested by funds: $245M → $252M (+$7.85M)
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 |
Parallax Volatility Advisers
San Francisco,
California
|
-$4.23M |
| 3 |
SC
Sculptor Capital
New York
|
-$2.77M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$559K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$105K |
BMAC Hedge Fund Activity: Q4 2022 in Review
68 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Black Mountain Acquisition Corp. (BMAC) for Q4 2022, worth a combined $252M — up 3.2% from $245M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BMAC positions and 4 closed out — a net gain of 4 holders — while 11 added to existing stakes and 10 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.
- 68 institutional investors held Black Mountain Acquisition Corp. (BMAC) as of Q4 2022, up from 65 in Q3 2022.
- Funds reported $252M of Black Mountain Acquisition Corp. stock for Q4 2022, up 3.2% quarter-over-quarter.
- 8 funds opened new Black Mountain Acquisition Corp. positions in Q4 2022 and 4 closed out, a net change of +4 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.