BTRS Holdings Inc. Class 1 Common Stock
BTRS
BTRS was delisted on the 15th of December, 2022.
157 hedge funds and large institutions have $1.27B invested in BTRS Holdings Inc. Class 1 Common Stock in 2022 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 48 increasing their positions, 31 reducing their positions, and 21 closing their positions.
613% more call options, than puts
Call options by funds: $777K | Put options by funds: $109K
186% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 21
94% more capital invested
Capital invested by funds: $655M → $1.27B (+$619M)
55% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 31
32% more funds holding
Funds holding: 119 → 157 (+38)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$34.7M |
| 2 |
KC
Kryger Capital
London,
United Kingdom
|
+$33.6M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$20.8M |
| 4 |
WIC
Water Island Capital
New York
|
+$16.1M |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Riverwood Capital Management
Menlo Park,
California
|
-$70.9M |
| 2 |
SM
Senvest Management
New York
|
-$37M |
| 3 |
WCM
W Capital Management
New York
|
-$36.9M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$12M |
| 5 |
SIG
Senator Investment Group
New York
|
-$9.72M |
BTRS Hedge Fund Activity: Q3 2022 in Review
157 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BTRS Holdings Inc. Class 1 Common Stock (BTRS) for Q3 2022, worth a combined $1.27B — up 94% from $655M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BTRS positions and 21 closed out — a net gain of 39 holders — while 48 added to existing stakes and 31 trimmed.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $34.7M. The largest seller was Riverwood Capital Management, exiting entirely with an estimated $70.9M sold.
- 157 institutional investors held BTRS Holdings Inc. Class 1 Common Stock (BTRS) as of Q3 2022, up from 119 in Q2 2022.
- Funds reported $1.27B of BTRS Holdings Inc. Class 1 Common Stock stock for Q3 2022, up 94% quarter-over-quarter.
- 60 funds opened new BTRS Holdings Inc. Class 1 Common Stock positions in Q3 2022 and 21 closed out, a net change of +39 holders.
- The largest BTRS Holdings Inc. Class 1 Common Stock buyer in Q3 2022 was Pentwater Capital Management, an estimated $34.7M added.
- The largest BTRS Holdings Inc. Class 1 Common Stock seller in Q3 2022 was Riverwood Capital Management, an estimated $70.9M sold.
Based on aggregated 13F filings for Q3 2022.