Mountain Crest Acquisition Corp. V Common Stock
MCAG
MCAG was delisted on the 20th of November, 2024.
11 hedge funds and large institutions have $19M invested in Mountain Crest Acquisition Corp. V Common Stock in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
4% less capital invested
Capital invested by funds: $19.7M → $19M (-$779K)
21% less funds holding
Funds holding: 14 → 11 (-3)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$1.13M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$356K |
| 3 |
CS
Clear Street
New York
|
-$3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$20 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
1
Meteora Capital
Boca Raton,
Florida
| $3.64M | -$356K | -35,000 | -9% |
|
|
PAMP
2
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $3.54M | – | – | – |
|
|
OCAM
3
Owl Creek Asset Management
New York
| $2.31M | – | – | – |
|
|
RCM
4
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.2M | – | – | – |
|
|
CAC
5
Cowen and Company
New York
| $2.05M | – | – | – |
|
|
MTCM
6
Mint Tower Capital Management
Amsterdam,
Netherlands
| $1.73M | – | – | – |
|
|
PC
7
Periscope Capital
Toronto,
Ontario, Canada
| $1.54M | – | – | – |
|
|
AA
8
AQR Arbitrage
Greenwich,
Connecticut
| $1.02M | – | – | – |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| $397K | +$349K | +34,312 | +780% |
|
|
WRBC
10
W.R. Berkley Corp
Greenwich,
Connecticut
| $374K | -$20 | -2 | -0% |
|
11
Geode Capital Management
Boston,
Massachusetts
| $183K | – | – | – |
|
|
PCM
12
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| – | -$1.13M | -83,200 | Closed |
|
|
CS
13
Clear Street
New York
| – | -$3K | -280 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$2K | -203 | Closed |
|
MCAG Hedge Fund Activity: Q1 2023 in Review
11 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Mountain Crest Acquisition Corp. V Common Stock (MCAG) for Q1 2023, worth a combined $19M — down 3.9% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MCAG and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, adding an estimated $349K. The largest seller was PenderFund Capital Management, exiting entirely with an estimated $1.13M sold.
- 11 institutional investors held Mountain Crest Acquisition Corp. V Common Stock (MCAG) as of Q1 2023, down from 14 in Q4 2022.
- Funds reported $19M of Mountain Crest Acquisition Corp. V Common Stock stock for Q1 2023, down 3.9% quarter-over-quarter.
- 0 funds opened new Mountain Crest Acquisition Corp. V Common Stock positions in Q1 2023 and 3 closed out, a net change of -3 holders.
- The largest Mountain Crest Acquisition Corp. V Common Stock buyer in Q1 2023 was Wolverine Asset Management, an estimated $349K added.
- The largest Mountain Crest Acquisition Corp. V Common Stock seller in Q1 2023 was PenderFund Capital Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2023.