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.
24 hedge funds and large institutions have $16.5M 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 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 23 → 24 (+1)
22% less capital invested
Capital invested by funds: $21.1M → $16.5M (-$4.56M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$2.59M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$315K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$307K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$29.6K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$3.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.64M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.15M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$682K |
| 4 |
JP Morgan Chase
New York
|
-$492K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$262K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$262K | -26,602 | Closed |
|
DNZ.U Hedge Fund Activity: Q2 2022 in Review
24 of the 5,936 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 Q2 2022, worth a combined $16.5M — down 22% from $21.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DNZ.U positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was HGC Investment Management, adding an estimated $2.59M. The largest seller was Magnetar Financial, cutting an estimated $1.64M.
- 24 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 Q2 2022, up from 23 in Q1 2022.
- Funds reported $16.5M 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 Q2 2022, down 22% quarter-over-quarter.
- 4 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 Q2 2022 and 3 closed out, a net change of +1 holder.
- 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 Q2 2022 was HGC Investment Management, an estimated $2.59M 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 Q2 2022 was Magnetar Financial, an estimated $1.64M sold.
Based on aggregated 13F filings for Q2 2022.