Beard Energy Transition Acquisition Corp.
BRD
BRD was delisted on the 11th of December, 2023.
23 hedge funds and large institutions have $66.3M invested in Beard Energy Transition Acquisition Corp. in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $68.4M → $66.3M (-$2.09M)
12% less funds holding
Funds holding: 26 → 23 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.72M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.79M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.62M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.38M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$895K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$6.38M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.63M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$1.67M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$975K |
| 5 |
FSI
Flow State Investments
Chicago,
Illinois
|
-$263K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AR
26
Advisory Research
Chicago,
Illinois
| – | -$975K | -92,770 | Closed |
|
|
FSI
27
Flow State Investments
Chicago,
Illinois
| – | -$263K | -25,000 | Closed |
|
|
LCS
28
Levin Capital Strategies
New York
| – | -$210K | -20,000 | Closed |
|
|
WMSA
29
Weiss Multi-Strategy Advisers
New York
| – | -$1K | -19,352 | Closed |
|
30
Morgan Stanley
New York
| – | -$33.1K | -3,146 | Closed |
|
|
CS
31
Clear Street
New York
| – | -$137 | -13 | Closed |
|
BRD Hedge Fund Activity: Q3 2023 in Review
23 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Beard Energy Transition Acquisition Corp. (BRD) for Q3 2023, worth a combined $66.3M — down 3.1% from $68.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BRD and 5 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $2.72M. The largest seller was Spartan Fund Management, cutting an estimated $6.38M.
- 23 institutional investors held Beard Energy Transition Acquisition Corp. (BRD) as of Q3 2023, down from 26 in Q2 2023.
- Funds reported $66.3M of Beard Energy Transition Acquisition Corp. stock for Q3 2023, down 3.1% quarter-over-quarter.
- 5 funds opened new Beard Energy Transition Acquisition Corp. positions in Q3 2023 and 8 closed out, a net change of -3 holders.
- The largest Beard Energy Transition Acquisition Corp. buyer in Q3 2023 was W.R. Berkley Corp, an estimated $2.72M added.
- The largest Beard Energy Transition Acquisition Corp. seller in Q3 2023 was Spartan Fund Management, an estimated $6.38M sold.
Based on aggregated 13F filings for Q3 2023.