D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant
DNZ.U
DNZ.U was delisted on the 24th of January, 2023.
35 hedge funds and large institutions have $55.5M invested in D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 7 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
13% less funds holding
Funds holding: 40 → 35 (-5)
20% less capital invested
Capital invested by funds: $69.2M → $55.5M (-$13.7M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$592K |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$298K |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$231K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$160K |
| 5 |
VF
Virtu Financial
New York
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.96M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.8M |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$2.82M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.18M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$556K |
DNZ.U Hedge Fund Activity: Q3 2021 in Review
35 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant (DNZ.U) for Q3 2021, worth a combined $55.5M — down 20% from $69.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DNZ.U and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Longfellow Investment Management, adding an estimated $592K. The largest seller was Millennium Management, exiting entirely with an estimated $8.96M sold.
- 35 institutional investors held D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant (DNZ.U) as of Q3 2021, down from 40 in Q2 2021.
- Funds reported $55.5M of D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant stock for Q3 2021, down 20% quarter-over-quarter.
- 3 funds opened new D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant positions in Q3 2021 and 7 closed out, a net change of -4 holders.
- The largest D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant buyer in Q3 2021 was Longfellow Investment Management, an estimated $592K added.
- The largest D and Z Media Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Warrant seller in Q3 2021 was Millennium Management, an estimated $8.96M sold.
Based on aggregated 13F filings for Q3 2021.