We are live on ! Find out more
BRD.U

Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant
BRD.U

Delisted

BRD.U was delisted on the 7th of December, 2023.

Back to rankings

16 hedge funds and large institutions have $16.9M invested in Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% less capital invested

Capital invested by funds: $24.2M → $16.9M (-$7.32M)

30% less funds holding

Funds holding: 23 → 16 (-7)

88% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 8

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
16
Holders Change
-7
Holders Change %
-30.43%
% of All Funds
0.27%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
–
Reduced
1
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$1.5M

Top Sellers

Rank Fund Capital Flow
1
MF
Magnetar Financial
Illinois
-$4.99M
2
ACM
Atalaya Capital Management
New York
-$1.5M
3
SFM
Spartan Fund Management
Canada
-$1.35M
4
CSS
Cubist Systematic Strategies
Connecticut
-$914K
5
Wolverine Trading
Wolverine Trading
Illinois
-$110K

BRD.U Hedge Fund Activity: Q3 2022 in Review

16 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (BRD.U) for Q3 2022, worth a combined $16.9M — down 30% from $24.2M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of BRD.U and 1 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 0 added.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.5M. The largest seller was Magnetar Financial, exiting entirely with an estimated $4.99M sold.

  • 16 institutional investors held Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (BRD.U) as of Q3 2022, down from 23 in Q2 2022.
  • Funds reported $16.9M of Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant stock for Q3 2022, down 30% quarter-over-quarter.
  • 1 fund opened new Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant positions in Q3 2022 and 8 closed out, a net change of -7 holders.
  • The largest Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant buyer in Q3 2022 was Rivernorth Capital Management, an estimated $1.5M added.
  • The largest Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant seller in Q3 2022 was Magnetar Financial, an estimated $4.99M sold.

Based on aggregated 13F filings for Q3 2022.