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.
16 hedge funds and large institutions have $9.96M 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 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 6 closing their positions.
11% less funds holding
Funds holding: 18 → 16 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
50% less capital invested
Capital invested by funds: $19.9M → $9.96M (-$9.94M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$272K |
| 2 |
VF
Virtu Financial
New York
|
+$140K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$5.03K |
| 4 |
CS
Clear Street
New York
|
+$1.01K |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$5.74M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$2.27M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$916K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$616K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$466K |
BMAC.U Hedge Fund Activity: Q3 2022 in Review
16 of the 5,828 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 Q3 2022, worth a combined $9.96M — down 50% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BMAC.U and 4 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $272K. The largest seller was Yakira Capital Management, exiting entirely with an estimated $5.74M sold.
- 16 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 Q3 2022, down from 18 in Q2 2022.
- Funds reported $9.96M of Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant stock for Q3 2022, down 50% quarter-over-quarter.
- 4 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 Q3 2022 and 6 closed out, a net change of -2 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 Q3 2022 was Susquehanna International Group, an estimated $272K 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 Q3 2022 was Yakira Capital Management, an estimated $5.74M sold.
Based on aggregated 13F filings for Q3 2022.