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.
7 hedge funds and large institutions have $11.2M invested in Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
42% less funds holding
Funds holding: 12 → 7 (-5)
60% less capital invested
Capital invested by funds: $28.2M → $11.2M (-$17M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
+$3.54M |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1.46M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$8.27M |
| 2 |
Millennium Management
New York
|
-$5.25M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.48M |
| 4 |
CIM
Cowen Investment Management
New York
|
-$3.46M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Walleye Capital
New York
| $3.54M | +$3.54M | +333,709 | New |
|
|
BCM
2
Basso Capital Management
Stamford,
Connecticut
| $1.71M | +$114K | +10,771 | +7% |
|
3
Walleye Trading
New York
| $1.7M | -$5.05K | -476 | -0.3% |
|
|
RCM
4
Rivernorth Capital Management
West Palm Beach,
Florida
| $1.59M | – | – | – |
|
|
PMAM
5
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| $1.59M | +$1.46M | +138,100 | +1,161% |
|
|
GCL
6
Glazer Capital LLC
New York
| $1.05M | – | – | – |
|
|
FIA
7
FNY Investment Advisers
New York
| $19K | -$29.6K | -2,790 | -60% |
|
|
BFM
8
Boothbay Fund Management
New York
| – | -$8.27M | -800,000 | Closed |
|
|
9
Millennium Management
New York
| – | -$5.25M | -500,000 | Closed |
|
|
PC
10
Periscope Capital
Toronto,
Ontario, Canada
| – | -$3.48M | -331,500 | Closed |
|
|
CIM
11
Cowen Investment Management
New York
| – | -$3.46M | -328,900 | Closed |
|
|
RCM
12
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$103K | -10,000 | Closed |
|
MFAC.U Hedge Fund Activity: Q1 2020 in Review
7 of the 4,538 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 2020, worth a combined $11.2M — down 60% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFAC.U and 1 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Walleye Capital, opening a new position worth an estimated $3.54M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $8.27M sold.
- 7 institutional investors held Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an (MFAC.U) as of Q1 2020, down from 12 in Q4 2019.
- Funds reported $11.2M of Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an stock for Q1 2020, down 60% 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 2020 and 5 closed out, a net change of -4 holders.
- The largest Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an buyer in Q1 2020 was Walleye Capital, an estimated $3.54M added.
- The largest Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an seller in Q1 2020 was Boothbay Fund Management, an estimated $8.27M sold.
Based on aggregated 13F filings for Q1 2020.