Mountain Crest Acquisition Corp. V Common Stock
MCAG
MCAG was delisted on the 20th of November, 2024.
14 hedge funds and large institutions have $19.7M invested in Mountain Crest Acquisition Corp. V Common Stock in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 26 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
60% less funds holding
Funds holding: 35 → 14 (-21)
71% less capital invested
Capital invested by funds: $68.3M → $19.7M (-$48.6M)
81% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.15M |
| 2 |
CAC
Cowen and Company
New York
|
+$2M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$832K |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.54M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.43M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.93M |
| 4 |
ASM
ATW SPAC Management
New York
|
-$4.48M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$4.48M |
MCAG Hedge Fund Activity: Q4 2022 in Review
14 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Mountain Crest Acquisition Corp. V Common Stock (MCAG) for Q4 2022, worth a combined $19.7M — down 71% from $68.3M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of MCAG and 5 opened new positions — a net loss of 21 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.15M. The largest seller was Saba Capital Management, exiting entirely with an estimated $6.54M sold.
- 14 institutional investors held Mountain Crest Acquisition Corp. V Common Stock (MCAG) as of Q4 2022, down from 35 in Q3 2022.
- Funds reported $19.7M of Mountain Crest Acquisition Corp. V Common Stock stock for Q4 2022, down 71% quarter-over-quarter.
- 5 funds opened new Mountain Crest Acquisition Corp. V Common Stock positions in Q4 2022 and 26 closed out, a net change of -21 holders.
- The largest Mountain Crest Acquisition Corp. V Common Stock buyer in Q4 2022 was Rivernorth Capital Management, an estimated $2.15M added.
- The largest Mountain Crest Acquisition Corp. V Common Stock seller in Q4 2022 was Saba Capital Management, an estimated $6.54M sold.
Based on aggregated 13F filings for Q4 2022.