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
4% more capital invested
Capital invested by funds: $63.9M → $66.3M (+$2.45M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
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 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.63M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.82M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$1.67M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$975K |
| 5 |
FSI
Flow State Investments
Chicago,
Illinois
|
-$263K |
BRD Hedge Fund Activity: Q3 2023 in Review
23 of the 6,310 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 — up 3.8% from $63.9M 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 Shaolin Capital Management, exiting entirely with an estimated $2.63M sold.
- 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, up 3.8% 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 Shaolin Capital Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2023.