BurTech Acquisition Corp. Unit
BRKHU
BRKHU was delisted on the 17th of December, 2024.
28 hedge funds and large institutions have $62.3M invested in BurTech Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
51% less funds holding
Funds holding: 57 → 28 (-29)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
73% less capital invested
Capital invested by funds: $235M → $62.3M (-$172M)
85% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$7.04M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$501K |
| 3 |
State Street
Boston,
Massachusetts
|
+$198K |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$50.1K |
| 5 |
CS
Clear Street
New York
|
+$28.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$16.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.6M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$12.2M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$10.5M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$9.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Verition Fund Management
Greenwich,
Connecticut
| – | -$2.1M | -210,000 | Closed |
|
|
MSU
52
Mizuho Securities USA
New York
| – | -$1.99M | -200,000 | Closed |
|
53
Walleye Capital
New York
| – | -$1.99M | -198,400 | Closed |
|
|
6CM
54
683 Capital Management
New York
| – | -$1.5M | -150,000 | Closed |
|
|
CL
55
CSS LLC
Chicago,
Illinois
| – | -$1.44M | -143,858 | Closed |
|
56
JP Morgan Chase
New York
| – | -$1.4M | -139,900 | Closed |
|
57
Citigroup
New York
| – | -$1.25M | -125,000 | Closed |
|
58
Walleye Trading
New York
| – | -$1.12M | -111,600 | Closed |
|
|
GCL
59
Glazer Capital LLC
New York
| – | -$758K | -75,711 | Closed |
|
|
SSA
60
Schonfeld Strategic Advisors
New York
| – | -$601K | -60,000 | Closed |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$450K | -45,000 | Closed |
|
|
TCM
62
Tuttle Capital Management
Riverside,
Connecticut
| – | -$154K | -15,356 | Closed |
|
BRKHU Hedge Fund Activity: Q1 2022 in Review
28 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in BurTech Acquisition Corp. Unit (BRKHU) for Q1 2022, worth a combined $62.3M — down 73% from $235M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BRKHU and 5 opened new positions — a net loss of 29 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was First Pacific Advisors, adding an estimated $7.04M. The largest seller was Saba Capital Management, exiting entirely with an estimated $16.8M sold.
- 28 institutional investors held BurTech Acquisition Corp. Unit (BRKHU) as of Q1 2022, down from 57 in Q4 2021.
- Funds reported $62.3M of BurTech Acquisition Corp. Unit stock for Q1 2022, down 73% quarter-over-quarter.
- 5 funds opened new BurTech Acquisition Corp. Unit positions in Q1 2022 and 34 closed out, a net change of -29 holders.
- The largest BurTech Acquisition Corp. Unit buyer in Q1 2022 was First Pacific Advisors, an estimated $7.04M added.
- The largest BurTech Acquisition Corp. Unit seller in Q1 2022 was Saba Capital Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2022.