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.
20 hedge funds and large institutions have $10.5M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 5 closing their positions.
17% less funds holding
Funds holding: 24 → 20 (-4)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
36% less capital invested
Capital invested by funds: $16.5M → $10.5M (-$6M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$178K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$9.04K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$986 |
| 4 |
CS
Clear Street
New York
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.6M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$1.97M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$866K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$360K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$350K |
DNZ.U Hedge Fund Activity: Q3 2022 in Review
20 of the 5,805 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 2022, worth a combined $10.5M — down 36% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DNZ.U and 1 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $178K. The largest seller was HGC Investment Management, cutting an estimated $2.6M.
- 20 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 2022, down from 24 in Q2 2022.
- Funds reported $10.5M 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 2022, down 36% quarter-over-quarter.
- 1 fund 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 2022 and 5 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 2022 was Cubist Systematic Strategies, an estimated $178K 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 2022 was HGC Investment Management, an estimated $2.6M sold.
Based on aggregated 13F filings for Q3 2022.