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.
24 hedge funds and large institutions have $36.8M 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 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 9 closing their positions.
25% less funds holding
Funds holding: 32 → 24 (-8)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
58% less capital invested
Capital invested by funds: $88M → $36.8M (-$51.2M)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 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 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.71M |
BMAC.U Hedge Fund Activity: Q1 2022 in Review
24 of the 6,340 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 $36.8M — down 58% from $88M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BMAC.U and 2 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $2.8M. The largest seller was Linden Advisors, exiting entirely with an estimated $10.2M sold.
- 24 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 32 in Q4 2021.
- Funds reported $36.8M 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 58% quarter-over-quarter.
- 2 funds 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 9 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 $2.8M 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.