Beard Energy Transition Acquisition Corp.
BRD
BRD was delisted on the 11th of December, 2023.
70 hedge funds and large institutions have $237M invested in Beard Energy Transition Acquisition Corp. in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
13% more funds holding
Funds holding: 62 → 70 (+8)
7% more capital invested
Capital invested by funds: $221M → $237M (+$16.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$6.58M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
+$3.34M |
| 4 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$2.4M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$13.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.06M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
-$2.57M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$1.53M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| – | -$6.93K | -680 | Closed |
|
BRD Hedge Fund Activity: Q1 2023 in Review
70 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Beard Energy Transition Acquisition Corp. (BRD) for Q1 2023, worth a combined $237M — up 7.3% from $221M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BRD positions and 6 closed out — a net gain of 8 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Periscope Capital, adding an estimated $6.58M. The largest seller was Highbridge Capital Management, cutting an estimated $13.1M.
- 70 institutional investors held Beard Energy Transition Acquisition Corp. (BRD) as of Q1 2023, up from 62 in Q4 2022.
- Funds reported $237M of Beard Energy Transition Acquisition Corp. stock for Q1 2023, up 7.3% quarter-over-quarter.
- 14 funds opened new Beard Energy Transition Acquisition Corp. positions in Q1 2023 and 6 closed out, a net change of +8 holders.
- The largest Beard Energy Transition Acquisition Corp. buyer in Q1 2023 was Periscope Capital, an estimated $6.58M added.
- The largest Beard Energy Transition Acquisition Corp. seller in Q1 2023 was Highbridge Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2023.