Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an
MFAC.U
MFAC.U was delisted on the 22nd of December, 2020.
16 hedge funds and large institutions have $49M invested in Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
11% less funds holding
Funds holding: 18 → 16 (-2)
27% less capital invested
Capital invested by funds: $67.1M → $49M (-$18.1M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.57M |
| 2 |
FIA
FNY Investment Advisers
New York
|
+$2.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$11.3M |
| 2 |
CI
Cowen Inc
New York
|
-$5.37M |
| 3 |
Walleye Trading
New York
|
-$2.45M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.21M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$241K |
MFAC.U Hedge Fund Activity: Q1 2019 in Review
16 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an (MFAC.U) for Q1 2019, worth a combined $49M — down 27% from $67.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MFAC.U and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Periscope Capital, adding an estimated $1.57M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $11.3M sold.
- 16 institutional investors held Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an (MFAC.U) as of Q1 2019, down from 18 in Q4 2018.
- Funds reported $49M of Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an stock for Q1 2019, down 27% quarter-over-quarter.
- 1 fund opened new Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an positions in Q1 2019 and 2 closed out, a net change of -1 holder.
- The largest Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an buyer in Q1 2019 was Periscope Capital, an estimated $1.57M added.
- The largest Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an seller in Q1 2019 was Boothbay Fund Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2019.