Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant
BMAC.U
BMAC.U was delisted on the 10th of November, 2023.
25 hedge funds and large institutions have $41.6M invested in Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 8 closing their positions.
24% less funds holding
Funds holding: 33 → 25 (-8)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
53% less capital invested
Capital invested by funds: $89.2M → $41.6M (-$47.7M)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.56M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$110K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$92.2K |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$84.2K |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$19.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$10.2M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$9.2M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.62M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$6.71M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$2.88M |
BMAC.U Hedge Fund Activity: Q1 2022 in Review
25 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant (BMAC.U) for Q1 2022, worth a combined $41.6M — down 53% from $89.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BMAC.U and 1 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Parallax Volatility Advisers, adding an estimated $1.56M. The largest seller was Linden Advisors, exiting entirely with an estimated $10.2M sold.
- 25 institutional investors held Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant (BMAC.U) as of Q1 2022, down from 33 in Q4 2021.
- Funds reported $41.6M of Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant stock for Q1 2022, down 53% quarter-over-quarter.
- 1 fund opened new Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant positions in Q1 2022 and 8 closed out, a net change of -7 holders.
- The largest Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant buyer in Q1 2022 was Parallax Volatility Advisers, an estimated $1.56M added.
- The largest Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant seller in Q1 2022 was Linden Advisors, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2022.