Burgundy Technology Acquisition Corporation Unit
BTAQU
BTAQU was delisted on the 24th of February, 2022.
32 hedge funds and large institutions have $88.2M invested in Burgundy Technology Acquisition Corporation Unit in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 27 closing their positions.
36% less funds holding
Funds holding: 50 → 32 (-18)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
67% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 27
71% less capital invested
Capital invested by funds: $307M → $88.2M (-$219M)
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$11.7M |
| 2 |
VF
Virtu Financial
New York
|
+$11.3M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.07M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$157K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$27.9M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$27.9M |
| 3 |
LA
Linden Advisors
New York
|
-$26.9M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$22.8M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$22.4M |
BTAQU Hedge Fund Activity: Q4 2020 in Review
32 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Burgundy Technology Acquisition Corporation Unit (BTAQU) for Q4 2020, worth a combined $88.2M — down 71% from $307M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BTAQU and 9 opened new positions — a net loss of 18 holders — while 12 trimmed existing stakes and 3 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $11.7M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $27.9M sold.
- 32 institutional investors held Burgundy Technology Acquisition Corporation Unit (BTAQU) as of Q4 2020, down from 50 in Q3 2020.
- Funds reported $88.2M of Burgundy Technology Acquisition Corporation Unit stock for Q4 2020, down 71% quarter-over-quarter.
- 9 funds opened new Burgundy Technology Acquisition Corporation Unit positions in Q4 2020 and 27 closed out, a net change of -18 holders.
- The largest Burgundy Technology Acquisition Corporation Unit buyer in Q4 2020 was Nomura Holdings, an estimated $11.7M added.
- The largest Burgundy Technology Acquisition Corporation Unit seller in Q4 2020 was Weiss Asset Management, an estimated $27.9M sold.
Based on aggregated 13F filings for Q4 2020.