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.
16 hedge funds and large institutions have $41.9M 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 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 6 closing their positions.
125% more capital invested
Capital invested by funds: $18.6M → $41.9M (+$23.3M)
16% less funds holding
Funds holding: 19 → 16 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$25.8M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$4.15M |
| 3 |
HP
Hound Partners
New York
|
+$1.55M |
| 4 |
VF
Virtu Financial
New York
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Covalis Capital
London,
United Kingdom
|
-$1.69M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$1.55M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$1.39M |
| 4 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$952K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$947K |
MBAC.U Hedge Fund Activity: Q4 2021 in Review
16 of the 6,518 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 Q4 2021, worth a combined $41.9M — up 125% from $18.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MBAC.U and 3 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $25.8M. The largest seller was Covalis Capital, exiting entirely with an estimated $1.69M sold.
- 16 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 Q4 2021, down from 19 in Q3 2021.
- Funds reported $41.9M 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 Q4 2021, up 125% 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 Q4 2021 and 6 closed out, a net change of -3 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 Q4 2021 was Beryl Capital Management, an estimated $25.8M 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 Q4 2021 was Covalis Capital, an estimated $1.69M sold.
Based on aggregated 13F filings for Q4 2021.