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.
20 hedge funds and large institutions have $22.3M invested in Mission Advancement Corp. Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
9% less funds holding
Funds holding: 22 → 20 (-2)
38% less capital invested
Capital invested by funds: $36.1M → $22.3M (-$13.8M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.25M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$110K |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$9.82K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$9.82K |
| 5 |
CS
Clear Street
New York
|
+$9.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$10.4M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$2.2M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$978K |
| 4 |
Janus Henderson Group
London,
|
-$871K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$784K |
MACC.U Hedge Fund Activity: Q3 2022 in Review
20 of the 5,828 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 2022, worth a combined $22.3M — down 38% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MACC.U and 3 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Jane Street, adding an estimated $1.25M. The largest seller was Magnetar Financial, exiting entirely with an estimated $10.4M sold.
- 20 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 2022, down from 22 in Q2 2022.
- Funds reported $22.3M 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 2022, down 38% quarter-over-quarter.
- 3 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 2022 and 5 closed out, a net change of -2 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 2022 was Jane Street, an estimated $1.25M 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 2022 was Magnetar Financial, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2022.