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.
12 hedge funds and large institutions have $27.1M invested in Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
8% less funds holding
Funds holding: 13 → 12 (-1)
30% less capital invested
Capital invested by funds: $38.6M → $27.1M (-$11.5M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$2.6M |
| 2 |
Walleye Trading
New York
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.4M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$1.42M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$520K |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$255K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$108K |
MFAC.U Hedge Fund Activity: Q3 2019 in Review
12 of the 4,560 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 Q3 2019, worth a combined $27.1M — down 30% from $38.6M a quarter earlier.
Fund positioning in MFAC.U was balanced in Q3 2019: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 4 trimmed.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $2.6M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $12.4M sold.
- 12 institutional investors held Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an (MFAC.U) as of Q3 2019, down from 13 in Q2 2019.
- Funds reported $27.1M of Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an stock for Q3 2019, down 30% quarter-over-quarter.
- 2 funds opened new Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an positions in Q3 2019 and 2 closed out, a net change of 0 holders.
- The largest Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an buyer in Q3 2019 was Boothbay Fund Management, an estimated $2.6M added.
- The largest Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an seller in Q3 2019 was Polar Asset Management Partners, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2019.