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.
33 hedge funds and large institutions have $62.5M 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 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 15 closing their positions.
30% less funds holding
Funds holding: 47 → 33 (-14)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
53% less capital invested
Capital invested by funds: $132M → $62.5M (-$69.6M)
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$125K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$38.7K |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$2.97K |
| 4 |
Jane Street
New York
|
+$970 |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$762 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$23.1M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$12.8M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.99M |
| 4 |
GL
Governors Lane
New York
|
-$7.49M |
| 5 |
Millennium Management
New York
|
-$6.46M |
MACC.U Hedge Fund Activity: Q3 2021 in Review
33 of the 5,728 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 Q3 2021, worth a combined $62.5M — down 53% from $132M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MACC.U and 2 opened new positions — a net loss of 13 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $125K. The largest seller was Glazer Capital LLC, cutting an estimated $23.1M.
- 33 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 Q3 2021, down from 47 in Q2 2021.
- Funds reported $62.5M of Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant stock for Q3 2021, down 53% quarter-over-quarter.
- 2 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 Q3 2021 and 15 closed out, a net change of -13 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 Q3 2021 was Old Mission Capital, an estimated $125K 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 Q3 2021 was Glazer Capital LLC, an estimated $23.1M sold.
Based on aggregated 13F filings for Q3 2021.