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.
18 hedge funds and large institutions have $19.9M 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 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 7 closing their positions.
28% less funds holding
Funds holding: 25 → 18 (-7)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
52% less capital invested
Capital invested by funds: $41.6M → $19.9M (-$21.7M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
+$80.3K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$60.3K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$30 |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$20 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$6.17M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.76M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.05M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.79M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.51M |
BMAC.U Hedge Fund Activity: Q2 2022 in Review
18 of the 5,959 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 Q2 2022, worth a combined $19.9M — down 52% from $41.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BMAC.U and 0 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Walleye Capital, adding an estimated $80.3K. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $6.17M sold.
- 18 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 Q2 2022, down from 25 in Q1 2022.
- Funds reported $19.9M of Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant stock for Q2 2022, down 52% quarter-over-quarter.
- 0 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 Q2 2022 and 7 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 Q2 2022 was Walleye Capital, an estimated $80.3K 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 Q2 2022 was Sage Rock Capital Management, an estimated $6.17M sold.
Based on aggregated 13F filings for Q2 2022.