Mountain Crest Acquisition Corp. II Unit
MCADU
MCADU was delisted on the 28th of October, 2021.
10 hedge funds and large institutions have $3.1M invested in Mountain Crest Acquisition Corp. II Unit in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 15 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
55% less funds holding
Funds holding: 22 → 10 (-12)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
89% less capital invested
Capital invested by funds: $27.9M → $3.1M (-$24.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$309K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$246K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$173K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$7.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$4.33M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.08M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$3.57M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.57M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.74M |
MCADU Hedge Fund Activity: Q2 2021 in Review
10 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Mountain Crest Acquisition Corp. II Unit (MCADU) for Q2 2021, worth a combined $3.1M — down 89% from $27.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MCADU and 3 opened new positions — a net loss of 12 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $309K. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $4.33M sold.
- 10 institutional investors held Mountain Crest Acquisition Corp. II Unit (MCADU) as of Q2 2021, down from 22 in Q1 2021.
- Funds reported $3.1M of Mountain Crest Acquisition Corp. II Unit stock for Q2 2021, down 89% quarter-over-quarter.
- 3 funds opened new Mountain Crest Acquisition Corp. II Unit positions in Q2 2021 and 15 closed out, a net change of -12 holders.
- The largest Mountain Crest Acquisition Corp. II Unit buyer in Q2 2021 was Flow Traders U.S., an estimated $309K added.
- The largest Mountain Crest Acquisition Corp. II Unit seller in Q2 2021 was Boothbay Fund Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q2 2021.