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.
4 hedge funds and large institutions have $475K 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 7 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less funds holding
Funds holding: 10 → 4 (-6)
82% less capital invested
Capital invested by funds: $2.6M → $475K (-$2.13M)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.92K |
Top Sellers
| 1 |
CS
Clear Street
New York
|
-$784K |
| 2 |
Walleye Capital
New York
|
-$601K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$348K |
| 4 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
-$237K |
| 5 |
VF
Virtu Financial
New York
|
-$171K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
1
Stephens Inc
Little Rock,
Arkansas
| $446K | -$10.5K | -1,000 | -2% |
|
|
CS
2
Clear Street
New York
| $16.8K | -$784K | -74,521 | -98% |
|
|
3
UBS Group
Zurich,
Switzerland
| $7K | +$6.92K | +658 | New |
|
|
SFM
4
Spartan Fund Management
Toronto, Ontario,
Canada
| $4.47K | +$2.11M | +200,100 | +200,100% |
|
|
5
Walleye Capital
New York
| – | -$601K | -57,644 | Closed |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$348K | -33,440 | Closed |
|
|
CM
7
Crystalline Management
Montreal, Quebec,
Canada
| – | -$237K | -23,000 | Closed |
|
|
VF
8
Virtu Financial
New York
| – | -$171K | -16,391 | Closed |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| – | -$3.13K | -300 | Closed |
|
|
GCL
10
Glazer Capital LLC
New York
| – | -$2K | -200 | Closed |
|
|
SC
11
Sculptor Capital
New York
| – | -$41 | -4 | Closed |
|
BMAC.U Hedge Fund Activity: Q2 2023 in Review
4 of the 6,369 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 2023, worth a combined $475K — down 82% from $2.6M 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 2 trimmed existing stakes and 1 added.
The largest buyer was Spartan Fund Management, adding an estimated $2.11M. The largest seller was Clear Street, cutting an estimated $784K.
- 4 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 2023, down from 10 in Q1 2023.
- Funds reported $475K 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 2023, down 82% 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 Q2 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 Q2 2023 was Spartan Fund Management, an estimated $2.11M 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 2023 was Clear Street, an estimated $784K sold.
Based on aggregated 13F filings for Q2 2023.