M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant
MBAC.U
MBAC.U was delisted on the 26th of September, 2023.
19 hedge funds and large institutions have $18.6M invested in M3-Brigade Acquisition II 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 3 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 22 closing their positions.
50% less funds holding
Funds holding: 38 → 19 (-19)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
85% less capital invested
Capital invested by funds: $121M → $18.6M (-$102M)
86% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$228K |
| 2 |
VF
Virtu Financial
New York
|
+$117K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$30.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$13.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$17.7M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$15.2M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$12.8M |
| 4 |
Millennium Management
New York
|
-$12.1M |
| 5 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$10.1M |
MBAC.U Hedge Fund Activity: Q3 2021 in Review
19 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant (MBAC.U) for Q3 2021, worth a combined $18.6M — down 85% from $121M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MBAC.U and 3 opened new positions — a net loss of 19 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $228K. The largest seller was Magnetar Financial, exiting entirely with an estimated $17.7M sold.
- 19 institutional investors held M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant (MBAC.U) as of Q3 2021, down from 38 in Q2 2021.
- Funds reported $18.6M of M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant stock for Q3 2021, down 85% quarter-over-quarter.
- 3 funds opened new M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant positions in Q3 2021 and 22 closed out, a net change of -19 holders.
- The largest M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant buyer in Q3 2021 was Landscape Capital Management, an estimated $228K added.
- The largest M3-Brigade Acquisition II Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant seller in Q3 2021 was Magnetar Financial, an estimated $17.7M sold.
Based on aggregated 13F filings for Q3 2021.