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BMRG.U

B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o

Delisted

BMRG.U was delisted on the 13th of November, 2020.

6 hedge funds and large institutions have $8.97M invested in B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 2 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

74% less funds holding

Funds holding: 236 (-17)

88% less capital invested

Capital invested by funds: $73.9M → $8.97M (-$64.9M)

94% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 18

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

Holders
6
Holders Change
-17
Holders Change %
-73.91%
% of All Funds
0.12%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
1
Increased
Reduced
2
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BRF
1
B. Riley Financial
California
$7.46M
MF
2
Magnetar Financial
Illinois
$1.16M
BCM
3
Bluefin Capital Management
New York
$235K -$259K -23,500 Closed
Walleye Capital
4
Walleye Capital
New York
$107K -$2.65M -240,240 -96%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$11K
TRCT
6
Tower Research Capital (TRC)
New York
$5K +$4.79K +435 New
BFM
7
Boothbay Fund Management
New York
-$10.3M -951,912 Closed
KC
8
Kepos Capital
New York
-$9.33M -796,800 Closed
MP
9
MSD Partners
New York
-$8.2M -700,000 Closed
PC
10
Periscope Capital
Ontario, Canada
-$5.73M -489,160 Closed
Tudor Investment Corp
11
Tudor Investment Corp
Connecticut
-$4.98M -425,000 Closed
AGM
12
Alpine Global Management
New York
-$3.96M -338,566 Closed
WCMNY
13
Westchester Capital Management (New York)
New York
-$3.51M -300,000 Closed
LIM
14
Longfellow Investment Management
Massachusetts
-$3.47M -296,130 Closed
SRCM
15
Sage Rock Capital Management
New York
-$3.34M -285,500 Closed
BI
16
Bulldog Investors
New Jersey
-$2.34M -199,571 Closed
Walleye Trading
17
Walleye Trading
New York
-$1.93M -164,843 Closed
PMAM
18
Picton Mahoney Asset Management
Ontario, Canada
-$1.35M -115,000 Closed
WAM
19
Wolverine Asset Management
Illinois
-$1.17M -100,000 Closed
JP Morgan Chase
20
JP Morgan Chase
New York
-$882K -79,999 -100%
HF
21
HRT Financial
New York
-$475K -40,627 Closed
PAM
22
Panagora Asset Management
Massachusetts
-$89K -7,604 Closed
HIM
23
HGC Investment Management
Ontario, Canada
-$64K -5,400 Closed
UBS Group
24
UBS Group
Switzerland
-$21K -1,793 Closed

BMRG.U Hedge Fund Activity: Q3 2020 in Review

6 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o (BMRG.U) for Q3 2020, worth a combined $8.97M — down 88% from $73.9M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of BMRG.U and 1 opened new positions — a net loss of 17 holders — while 2 trimmed existing stakes and 0 added.

The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $4.79K. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $10.3M sold.

  • 6 institutional investors held B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o (BMRG.U) as of Q3 2020, down from 23 in Q2 2020.
  • Funds reported $8.97M of B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o stock for Q3 2020, down 88% quarter-over-quarter.
  • 1 fund opened new B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o positions in Q3 2020 and 18 closed out, a net change of -17 holders.
  • The largest B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o buyer in Q3 2020 was Tower Research Capital (TRC), an estimated $4.79K added.
  • The largest B. Riley Principal Merger Corp. II Units, each consisting of one share of Class A common stock and o seller in Q3 2020 was Boothbay Fund Management, an estimated $10.3M sold.

Based on aggregated 13F filings for Q3 2020.