Mountain & Co. I Acquisition Corp. Class A Ordinary Shares
MCAA
MCAA was delisted on the 6th of November, 2024.
37 hedge funds and large institutions have $135M invested in Mountain & Co. I Acquisition Corp. Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 42 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
40% less capital invested
Capital invested by funds: $225M → $135M (-$90.1M)
43% less funds holding
Funds holding: 65 → 37 (-28)
67% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$10.5M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$5.26M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$4.51M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.51M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$14M |
| 2 |
Millennium Management
New York
|
-$11.4M |
| 3 |
SCM
Saba Capital Management
New York
|
-$9.05M |
| 4 |
D.E. Shaw & Co
New York
|
-$8.43M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$8.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Verition Fund Management
Greenwich,
Connecticut
| – | -$208K | -20,000 | Closed |
|
77
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$152K | -14,600 | Closed |
|
|
OAC
78
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$104K | -10,000 | Closed |
|
|
EC
79
Elequin Capital
New York
| – | -$5.03K | -485 | Closed |
|
MCAA Hedge Fund Activity: Q1 2023 in Review
37 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Mountain & Co. I Acquisition Corp. Class A Ordinary Shares (MCAA) for Q1 2023, worth a combined $135M — down 40% from $225M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of MCAA and 14 opened new positions — a net loss of 28 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $10.5M. The largest seller was Calamos Advisors, exiting entirely with an estimated $14M sold.
- 37 institutional investors held Mountain & Co. I Acquisition Corp. Class A Ordinary Shares (MCAA) as of Q1 2023, down from 65 in Q4 2022.
- Funds reported $135M of Mountain & Co. I Acquisition Corp. Class A Ordinary Shares stock for Q1 2023, down 40% quarter-over-quarter.
- 14 funds opened new Mountain & Co. I Acquisition Corp. Class A Ordinary Shares positions in Q1 2023 and 42 closed out, a net change of -28 holders.
- The largest Mountain & Co. I Acquisition Corp. Class A Ordinary Shares buyer in Q1 2023 was Owl Creek Asset Management, an estimated $10.5M added.
- The largest Mountain & Co. I Acquisition Corp. Class A Ordinary Shares seller in Q1 2023 was Calamos Advisors, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2023.