Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on
BSN.U
BSN.U was delisted on the 15th of December, 2021.
16 hedge funds and large institutions have $27.8M invested in Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 19 closing their positions.
50% less funds holding
Funds holding: 32 → 16 (-16)
81% less capital invested
Capital invested by funds: $148M → $27.8M (-$120M)
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$135K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$47.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.91K |
Top Sellers
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$31.2M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$26.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$14.2M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$12.4M |
| 5 |
Millennium Management
New York
|
-$11.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Beryl Capital Management
Redondo Beach,
California
| – | -$892K | -85,000 | Closed |
|
27
JP Morgan Chase
New York
| – | -$705K | -67,200 | Closed |
|
|
SSA
28
Schonfeld Strategic Advisors
New York
| – | -$629K | -60,000 | Closed |
|
|
JG
29
Jefferies Group
New York
| – | -$488K | -46,510 | Closed |
|
30
Walleye Capital
New York
| – | -$426 | -40,609 | Closed |
|
31
Walleye Trading
New York
| – | -$284K | -27,073 | Closed |
|
|
EAM
32
Exos Asset Management
New York
| – | -$176K | -16,800 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$162K | -15,474 | Closed |
|
|
SGAM
34
Seaport Global Asset Management
New York
| – | -$20K | -2,000 | Closed |
|
BSN.U Hedge Fund Activity: Q1 2021 in Review
16 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on (BSN.U) for Q1 2021, worth a combined $27.8M — down 81% from $148M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BSN.U and 3 opened new positions — a net loss of 16 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $135K. The largest seller was Baupost Group, exiting entirely with an estimated $31.2M sold.
- 16 institutional investors held Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on (BSN.U) as of Q1 2021, down from 32 in Q4 2020.
- Funds reported $27.8M of Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on stock for Q1 2021, down 81% quarter-over-quarter.
- 3 funds opened new Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on positions in Q1 2021 and 19 closed out, a net change of -16 holders.
- The largest Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on buyer in Q1 2021 was Citadel Advisors, an estimated $135K added.
- The largest Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on seller in Q1 2021 was Baupost Group, an estimated $31.2M sold.
Based on aggregated 13F filings for Q1 2021.