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.
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.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
38% less funds holding
Funds holding: 16 → 10 (-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
Top Buyers
| 1 |
CS
Clear Street
New York
|
+$785K |
| 2 |
VF
Virtu Financial
New York
|
+$170K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$67.6K |
Top Sellers
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.