B. Riley Principal 150 Merger Corp. Unit
BRPMU
BRPMU was delisted on the 19th of July, 2022.
42 hedge funds and large institutions have $60.9M invested in B. Riley Principal 150 Merger Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 48 closing their positions.
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
51% less funds holding
Funds holding: 85 → 42 (-43)
58% less capital invested
Capital invested by funds: $145M → $60.9M (-$83.8M)
90% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 48
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$5.23M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.1M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
+$830K |
| 4 |
D.E. Shaw & Co
New York
|
+$754K |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$10.2M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$7.08M |
| 3 |
KC
Kepos Capital
New York
|
-$6.79M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$5.74M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5M |
BRPMU Hedge Fund Activity: Q2 2021 in Review
42 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in B. Riley Principal 150 Merger Corp. Unit (BRPMU) for Q2 2021, worth a combined $60.9M — down 58% from $145M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of BRPMU and 5 opened new positions — a net loss of 43 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $5.23M. The largest seller was Cannell Capital, exiting entirely with an estimated $10.2M sold.
- 42 institutional investors held B. Riley Principal 150 Merger Corp. Unit (BRPMU) as of Q2 2021, down from 85 in Q1 2021.
- Funds reported $60.9M of B. Riley Principal 150 Merger Corp. Unit stock for Q2 2021, down 58% quarter-over-quarter.
- 5 funds opened new B. Riley Principal 150 Merger Corp. Unit positions in Q2 2021 and 48 closed out, a net change of -43 holders.
- The largest B. Riley Principal 150 Merger Corp. Unit buyer in Q2 2021 was B. Riley Financial, an estimated $5.23M added.
- The largest B. Riley Principal 150 Merger Corp. Unit seller in Q2 2021 was Cannell Capital, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2021.