Burgundy Technology Acquisition Corporation Class A Ordinary shares
BTAQ
BTAQ was delisted on the 1st of March, 2022.
68 hedge funds and large institutions have $216M invested in Burgundy Technology Acquisition Corporation Class A Ordinary shares in 2021 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
72% more call options, than puts
Call options by funds: $4.34M | Put options by funds: $2.53M
19% more funds holding
Funds holding: 57 → 68 (+11)
6% less capital invested
Capital invested by funds: $229M → $216M (-$13M)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$24.7M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$9.28M |
| 3 |
D.E. Shaw & Co
New York
|
+$5.61M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.23M |
| 5 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$13.9M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$13.8M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$9.44M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.62M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.83M |
BTAQ Hedge Fund Activity: Q1 2021 in Review
68 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Burgundy Technology Acquisition Corporation Class A Ordinary shares (BTAQ) for Q1 2021, worth a combined $216M — down 5.7% from $229M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BTAQ positions and 16 closed out — a net gain of 12 holders — while 13 added to existing stakes and 19 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $24.7M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $13.9M sold.
- 68 institutional investors held Burgundy Technology Acquisition Corporation Class A Ordinary shares (BTAQ) as of Q1 2021, up from 57 in Q4 2020.
- Funds reported $216M of Burgundy Technology Acquisition Corporation Class A Ordinary shares stock for Q1 2021, down 5.7% quarter-over-quarter.
- 28 funds opened new Burgundy Technology Acquisition Corporation Class A Ordinary shares positions in Q1 2021 and 16 closed out, a net change of +12 holders.
- The largest Burgundy Technology Acquisition Corporation Class A Ordinary shares buyer in Q1 2021 was Magnetar Financial, an estimated $24.7M added.
- The largest Burgundy Technology Acquisition Corporation Class A Ordinary shares seller in Q1 2021 was Mizuho Securities USA, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2021.