BTRS Holdings Inc. Class 1 Common Stock
BTRS
BTRS was delisted on the 15th of December, 2022.
29 hedge funds and large institutions have $125M invested in BTRS Holdings Inc. Class 1 Common Stock in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
30% more capital invested
Capital invested by funds: $95.5M → $125M (+$29M)
16% more funds holding
Funds holding: 25 → 29 (+4)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$20.2M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$11.4M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$4.83M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.38M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$6.42M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$4.1M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$3.63M |
| 4 |
CAC
Cowen and Company
New York
|
-$2.97M |
| 5 |
CIM
Cowen Investment Management
New York
|
-$2.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Capital
New York
| $443K | +$455K | +45,700 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $235K | – | – | – |
|
|
PAM
28
Panagora Asset Management
Boston,
Massachusetts
| $47K | – | – | – |
|
29
Morgan Stanley
New York
| $5K | -$7.44K | -748 | -57% |
|
|
HI
30
HBK Investments
Dallas,
Texas
| – | -$6.42M | -650,000 | Closed |
|
|
MSU
31
Mizuho Securities USA
New York
| – | -$4.1M | -415,000 | Closed |
|
|
CAC
32
Cowen and Company
New York
| – | -$2.97M | -301,078 | Closed |
|
|
CIM
33
Cowen Investment Management
New York
| – | -$2.96M | -300,000 | Closed |
|
|
WAM
34
Weiss Asset Management
Boston,
Massachusetts
| – | -$987K | -100,000 | Closed |
|
35
Geode Capital Management
Boston,
Massachusetts
| – | -$567K | -57,500 | Closed |
|
|
CC
36
Centiva Capital
New York
| – | -$99K | -10,000 | Closed |
|
BTRS Hedge Fund Activity: Q1 2020 in Review
29 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BTRS Holdings Inc. Class 1 Common Stock (BTRS) for Q1 2020, worth a combined $125M — up 30% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BTRS positions and 7 closed out — a net gain of 4 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $20.2M. The largest seller was HBK Investments, exiting entirely with an estimated $6.42M sold.
- 29 institutional investors held BTRS Holdings Inc. Class 1 Common Stock (BTRS) as of Q1 2020, up from 25 in Q4 2019.
- Funds reported $125M of BTRS Holdings Inc. Class 1 Common Stock stock for Q1 2020, up 30% quarter-over-quarter.
- 11 funds opened new BTRS Holdings Inc. Class 1 Common Stock positions in Q1 2020 and 7 closed out, a net change of +4 holders.
- The largest BTRS Holdings Inc. Class 1 Common Stock buyer in Q1 2020 was Polar Asset Management Partners, an estimated $20.2M added.
- The largest BTRS Holdings Inc. Class 1 Common Stock seller in Q1 2020 was HBK Investments, an estimated $6.42M sold.
Based on aggregated 13F filings for Q1 2020.