Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant
MACC.U
MACC.U was delisted on the 7th of December, 2022.
47 hedge funds and large institutions have $116M invested in Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 40 closing their positions.
43% less funds holding
Funds holding: 82 → 47 (-35)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
62% less capital invested
Capital invested by funds: $304M → $116M (-$188M)
88% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$7.4M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.55M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.46M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.53M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$12.8M |
| 2 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$12.4M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$12.1M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$9.95M |
MACC.U Hedge Fund Activity: Q2 2021 in Review
47 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant (MACC.U) for Q2 2021, worth a combined $116M — down 62% from $304M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of MACC.U and 5 opened new positions — a net loss of 35 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was First Pacific Advisors, opening a new position worth an estimated $7.4M. The largest seller was Nomura Holdings, exiting entirely with an estimated $12.8M sold.
- 47 institutional investors held Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant (MACC.U) as of Q2 2021, down from 82 in Q1 2021.
- Funds reported $116M of Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant stock for Q2 2021, down 62% quarter-over-quarter.
- 5 funds opened new Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant positions in Q2 2021 and 40 closed out, a net change of -35 holders.
- The largest Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant buyer in Q2 2021 was First Pacific Advisors, an estimated $7.4M added.
- The largest Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant seller in Q2 2021 was Nomura Holdings, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2021.