Beard Energy Transition Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant
BRD.U
BRD.U was delisted on the 7th of December, 2023.
10 hedge funds and large institutions have $4.27M 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 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 3 reducing their positions, and 8 closing their positions.
38% less funds holding
Funds holding: 16 → 10 (-6)
75% less capital invested
Capital invested by funds: $16.9M → $4.27M (-$12.6M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$121K |
| 2 |
CS
Clear Street
New York
|
+$42.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$5.46M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$2.02M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.51M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.51M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.14M |
BRD.U Hedge Fund Activity: Q4 2022 in Review
10 of the 6,221 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 Q4 2022, worth a combined $4.27M — down 75% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BRD.U and 2 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $121K. The largest seller was Calamos Advisors, exiting entirely with an estimated $5.46M sold.
- 10 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 Q4 2022, down from 16 in Q3 2022.
- Funds reported $4.27M 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 Q4 2022, down 75% quarter-over-quarter.
- 2 funds 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 Q4 2022 and 8 closed out, a net change of -6 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 Q4 2022 was Flow Traders U.S., an estimated $121K 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 Q4 2022 was Calamos Advisors, an estimated $5.46M sold.
Based on aggregated 13F filings for Q4 2022.