Burgundy Technology Acquisition Corporation Class A Ordinary shares
BTAQ
BTAQ was delisted on the 1st of March, 2022.
69 hedge funds and large institutions have $262M invested in Burgundy Technology Acquisition Corporation Class A Ordinary shares in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 6 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
21% more capital invested
Capital invested by funds: $217M → $262M (+$44.9M)
1% less funds holding
Funds holding: 70 → 69 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
48% less call options, than puts
Call options by funds: $3.48M | Put options by funds: $6.7M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$5.89M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$5.4M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$4.29M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.66M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.9M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$988K |
| 3 |
CAC
Cowen and Company
New York
|
-$985K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$951K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$862K |
BTAQ Hedge Fund Activity: Q3 2021 in Review
69 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Burgundy Technology Acquisition Corporation Class A Ordinary shares (BTAQ) for Q3 2021, worth a combined $262M — up 21% from $217M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BTAQ and 5 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 23 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $5.89M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $1.9M sold.
- 69 institutional investors held Burgundy Technology Acquisition Corporation Class A Ordinary shares (BTAQ) as of Q3 2021, down from 70 in Q2 2021.
- Funds reported $262M of Burgundy Technology Acquisition Corporation Class A Ordinary shares stock for Q3 2021, up 21% quarter-over-quarter.
- 5 funds opened new Burgundy Technology Acquisition Corporation Class A Ordinary shares positions in Q3 2021 and 6 closed out, a net change of -1 holder.
- The largest Burgundy Technology Acquisition Corporation Class A Ordinary shares buyer in Q3 2021 was D.E. Shaw & Co, an estimated $5.89M added.
- The largest Burgundy Technology Acquisition Corporation Class A Ordinary shares seller in Q3 2021 was Arrowstreet Capital, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2021.