M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
MBSC.U
MBSC.U was delisted on the 20th of September, 2023.
25 hedge funds and large institutions have $54.5M invested in M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 21 closing their positions.
43% less funds holding
Funds holding: 44 → 25 (-19)
63% less capital invested
Capital invested by funds: $147M → $54.5M (-$92.4M)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
90% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$115K |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$19.1K |
| 3 |
Walleye Capital
New York
|
+$5.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$16.5M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$12.5M |
| 3 |
LA
Linden Advisors
New York
|
-$10M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.95M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.3M |
MBSC.U Hedge Fund Activity: Q1 2022 in Review
25 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (MBSC.U) for Q1 2022, worth a combined $54.5M — down 63% from $147M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MBSC.U and 2 opened new positions — a net loss of 19 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $115K. The largest seller was Cantor Fitzgerald, exiting entirely with an estimated $16.5M sold.
- 25 institutional investors held M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (MBSC.U) as of Q1 2022, down from 44 in Q4 2021.
- Funds reported $54.5M of M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q1 2022, down 63% quarter-over-quarter.
- 2 funds opened new M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q1 2022 and 21 closed out, a net change of -19 holders.
- The largest M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q1 2022 was Old Mission Capital, an estimated $115K added.
- The largest M3-Brigade Acquisition III Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q1 2022 was Cantor Fitzgerald, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2022.