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BMAC.U

Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant

Delisted

BMAC.U was delisted on the 10th of November, 2023.

10 hedge funds and large institutions have $2.6M invested in Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

38% less funds holding

Funds holding: 1610 (-6)

42% less capital invested

Capital invested by funds: $4.45M → $2.6M (-$1.85M)

86% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 7

Holders
10
Holders Change
-6
Holders Change %
-37.5%
% of All Funds
0.16%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
2
Reduced
1
Closed
7
Calls
Puts
Net Calls
Net Calls Change

BMAC.U Hedge Fund Activity: Q1 2023 in Review

10 of the 6,275 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 2023, worth a combined $2.6M — down 42% from $4.45M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BMAC.U and 1 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 2 added.

The largest buyer was Clear Street, adding an estimated $785K. The largest seller was HGC Investment Management, exiting entirely with an estimated $1.64M sold.

  • 10 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 2023, down from 16 in Q4 2022.
  • Funds reported $2.6M 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 2023, down 42% 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 2023 and 7 closed out, a net change of -6 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 2023 was Clear Street, an estimated $785K 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 2023 was HGC Investment Management, an estimated $1.64M sold.

Based on aggregated 13F filings for Q1 2023.