MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant
MDH.U
MDH.U was delisted on the 28th of December, 2022.
48 hedge funds and large institutions have $102M invested in MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 33 closing their positions.
39% less funds holding
Funds holding: 79 → 48 (-31)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
43% less capital invested
Capital invested by funds: $178M → $102M (-$75.7M)
91% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$1.63M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.58M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.13M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$192K |
| 5 |
AGM
Alpine Global Management
New York
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$9.82M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$6M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.99M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.97M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.48M |
MDH.U Hedge Fund Activity: Q2 2021 in Review
48 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant (MDH.U) for Q2 2021, worth a combined $102M — down 43% from $178M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MDH.U and 3 opened new positions — a net loss of 30 holders — while 15 trimmed existing stakes and 9 added.
The largest buyer was Boothbay Fund Management, adding an estimated $1.63M. The largest seller was Nomura Holdings, exiting entirely with an estimated $9.82M sold.
- 48 institutional investors held MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant (MDH.U) as of Q2 2021, down from 79 in Q1 2021.
- Funds reported $102M of MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant stock for Q2 2021, down 43% quarter-over-quarter.
- 3 funds opened new MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant positions in Q2 2021 and 33 closed out, a net change of -30 holders.
- The largest MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant buyer in Q2 2021 was Boothbay Fund Management, an estimated $1.63M added.
- The largest MDH Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one redeemable warrant seller in Q2 2021 was Nomura Holdings, an estimated $9.82M sold.
Based on aggregated 13F filings for Q2 2021.